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A raffle is held by the MSUM student association to draw for a $1000 plasma television. Two thousand tickets are sold at $ 1.00 each. Find the expected value of one ticket.
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A raffle is held by the MSUM student association to draw for a $1000 plasma television. Two thousand tickets are sold at $ 1.00 each. Find the expected value of one ticket.

User Wildeyes
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i think 50 cents, as the prize is worth $1000, divide by 2000 times 1 you get .5

User Perseids
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