# The PTO is selling raffle tick

The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs \$2. There is 1 winning ticket out of the 260 tickets sold. The winner gets a prize worth of \$88. Round answer to the nearest cent.

A) What is the expected value (to you) of one raffle ticket? \$______

B) Calculate the expected value (to you) if you purchase 10 raffle tickets. \$_____

C) What is the expected value (to the PTO) of one raffle ticket? \$_______

D) If the PTO sells all 260 raffle tickets, how much money can they expect to raise for the classroom supplies?

Thank you

# The PTO is selling raffle tick

The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs \$5. There is 1 winning ticket out of the 120 tickets sold. The winner gets a prize worth \$64. Round your answers to the nearest cent.

What is the expected value (to you) of one raffle ticket?

Calculate the expected value (to you) if you purchase 12 raffle tickets. \$

What is the expected value (to the PTO) of one raffle ticket? \$

If the PTO sells all 120 raffle tickets, how much money can they expect to raise for the classroom supplies? \$

# The PTO is selling raffle tick

The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs \$3. There is 1 winning ticket out of the 300 tickets sold. The winner gets a prize worth \$86. Round your answers to the nearest cent.

What is the expected value (to you) of one raffle ticket? \$

Calculate the expected value (to you) if you purchase 12 raffle tickets. \$

What is the expected value (to the PTO) of one raffle ticket? \$

If the PTO sells all 300 raffle tickets, how much money can they expect to raise for the classroom supplies?

# The PTO is selling raffle tick

The PTO is selling raffle tickets to raise money for classroom supplies. A raffle ticket costs \$4. There is 1 winning ticket out of the 260 tickets sold. The winner gets a prize worth \$96. Round your answers to the nearest cent.

What is the expected value (to you) of one raffle ticket? \$

Calculate the expected value (to you) if you purchase 8 raffle tickets. \$

What is the expected value (to the PTO) of one raffle ticket? \$

If the PTO sells all 260 raffle tickets, how much money can they expect to raise for the classroom supplies? \$

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