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A math tournament is researching a golf tournament fundraiser. It will cost $1,000 to host the tournament. If it rains the club will lose its
A math tournament is researching a golf tournament fundraiser. It will cost $1,000 to host the tournament. If it rains the club will lose its investment. If it is sunny, it is expected the club will make $4,500 from the participants. If the chance of rain is 20% what is the expected value for the tournament?
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