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nightverin nightverin
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6 years ago
A charity is raising money by raffling a pair of clubhouse tickets to the all-star baseball game. One thousand chances will be sold. The pair of tickets is worth 400 . A single chance costs 25 . If only monetary values are considered, what is the expected utility of a single chance?
 
  a. 400
  b. 15.00
  c. 25
  d. 24.60
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elleduiselleduis
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6 years ago
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