Multiple Choice
Solve the problem.
-Suppose a charitable organization decides to raise money by raffling a trip worth $500. If 3,000 tickets are sold at $1.00 each, find the expected net winnings for a person who buys 1 ticket.
A) -$0.85
B) -$0.81
C) -$1.00
D) -$0.83
Correct Answer:
Verified
Correct Answer:
Verified
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