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At a raffle, 12,000 tickets are sold for $ 4 each. There are five prizes valued at $7000, $6000, $5000, $3000 and $700. What is

At a raffle, 12,000 tickets are sold for $ 4 each. There are five prizes valued at $7000, $6000, $5000, $3000 and $700. What is the expected value of buying one ticket?

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