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A raffle ticket costs $10. There are 7 prizes: 1 person drawn gets their $10 back 3 people will win $1000 2 people will win

A raffle ticket costs $10. There are 7 prizes:

1 person drawn gets their $10 back

3 people will win $1000

2 people will win $1500

1 person will win $2000

If 5000 tickets were sold, determine, on average, how much should everyone expect to lose?

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