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Mathematics, 02.10.2020 19:01 skyrileycasting

A school fundraiser sells 1,200 raffle tickets. Each ticket costs $2. There is one grand prize worth $100 and 5 smaller prizes worth $20 each. What is the expected gain or loss for buying 1 ticket? loss of $1.91 loss of $1.83 gain of $2.16 loss of $1.99

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A school fundraiser sells 1,200 raffle tickets. Each ticket costs $2. There is one grand prize worth...
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