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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.

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 Pdinklag
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5 votes
Each ticket is really worth 50¢
User Qingu
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