Suppose 10,000 tickets are sold in a lot...

Suppose 10,000 tickets are sold in a lottery each for ₹ 1. First prize is of ₹ 3000 and the second prize is of ₹ 2000. There are three third prizes of ₹ 500 each. If you buy one ticket, what is your expectation ?

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The correct Answer is:

0.65

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KUMAR PRAKASHAN-PROBABILITY-Solutions of NCERT Exemplar Problems (Short Answer Type Questions)

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