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At a raffle, 1500 tickets are sold at $10 each. There arefour prizes given for$500, $250, $150, and $75. You buy one ticket. Use aprobability
At a raffle, 1500 tickets are sold at $10 each. There arefour prizes given for$500, $250, $150, and $75. You buy one ticket. Use aprobability distribution table tocalculate the expected value of your gain. Your expected value is:
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