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We're having a raffle your 500 tickets sold for $100 each 1st ticket drawn will win...

We're having a raffle your 500 tickets sold for $100 each 1st ticket drawn will win $250 last ticket drawn will win $10000 for the sake of this problem let's assume that the only other apprises $100 which happens every 20th ticket drawn the last ticket drawn does not get this extra $100 there are 24 of these winning tickets what is the expected value for a ticket

Math   Statistics-And-Probability   
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