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Mathematics, 10.08.2021 02:30 OinkFred

five thousand tickets are sold at $1 each for a charity raffle. tickets are to be drawn at random and monetary prizes awarded as follows: 1 prize of $800, 3 prizes of $200, 5 prizes of $30, and 20 prizes of 5. what is the expected value of this raffle if you buy 1 ticket

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