Question Help ▼ One thousand tickets are sold at $4 each. One ticket will be randomly selected and the winner will receive a color television valued at $357. What is the expected value for a person that buys one ticket? Round the answer to the nearest cent. O A. -$1.00 O B. $3.64 OC. - $3.64 O D. $1.00

MATLAB: An Introduction with Applications
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One thousand tickets are sold at $4 each. One ticket will be randomly selected and the winner will receive a color television valued at $357. What is the expected value for a person that buys one ticket? Round the
answer to the nearest cent.
Question Help ▼
O A. -$1.00
O B. $3.64
O C. - $3.64
O D. $1.00
Click to select your answer and then click Check Answer.
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Transcribed Image Text:One thousand tickets are sold at $4 each. One ticket will be randomly selected and the winner will receive a color television valued at $357. What is the expected value for a person that buys one ticket? Round the answer to the nearest cent. Question Help ▼ O A. -$1.00 O B. $3.64 O C. - $3.64 O D. $1.00 Click to select your answer and then click Check Answer. All parts showing Clear All Check Answer P Type here to search a 12:11 PM 99+ 4/11/2021 22 to ho esc 144 insert prt sc elat %24 4. & 7. (@) %23 2. 5. 8. backspace ome 14 W Y P eab -1 K L enter Dg dn COps fock pause hift V M. shift T alt ctri B.
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