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## Statistics

To compute the expected value for the given data.

A charity organization is selling \$4 raffle tickets as part of a fund-raising program. The first Prize is a boat valued at \$3150, and second prize is a camping tent valued at \$450. The remaining 15 prizes are \$25 gift certificates. The number of tickets sold is 5000.

Statistics and Probability, Statistics

• Category:- Statistics and Probability
• Reference No.:- M918417

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