At a Raffle, 10,000 Tickets Are Sold at $5 Each

question 20

Multiple Choice

At a raffle, 10,000 tickets are sold at $5 each for three prizes valued at $4,800, $1,200, and $400. What is the expected value of one ticket?

• A)-$4.36
• B)$4.36
• C)$0.64
• D)-$0.64

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Definitions:

Emotional Intelligence

The skill to identify, comprehend, control, and utilize emotions successfully in oneself and others.

Soothe

To bring comfort, calm, or relief to someone or something.

Encourage

To give support, confidence, or hope to someone, often motivating them to take a certain action or to continue on a path.

Emotional Intelligence

The ability to recognize, understand, and manage our own emotions, and recognize, understand, and influence the emotions of others.