A raffle has a grand prize of a European cruise valued at $15000 with a second prize of a weekend in San Diego valued at $1500. If each ticket costs $4 and 12000 tickets are sold, what are the expected winnings for a ticket buyer
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Home » Business » A raffle has a grand prize of a European cruise valued at $15000 with a second prize of a weekend in San Diego valued at $1500. If each ticket costs $4 and 12000 tickets are sold, what are the expected winnings for a ticket buyer