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 290 tickets sold. The winner gets a prize worth $74. 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 6 raffle tickets. $ What is the expected value (to the PTO) of one raffle ticket? $ If the PTO sells all 290 raffle tickets, how much money can they expect to raise for the classroom supplies? $ Submit Question

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