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Can you also explain how you get your answers? For a fundraiser, 1000 raffle tickets are sold for $2 each with a chance to win

Can you also explain how you get your answers?

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For a fundraiser, 1000 raffle tickets are sold for $2 each with a chance to win $200 in cash. You buy 1 ticket. Using this information, complete the probability distribution. Enter the probabilities as fractions using / for the division bar. Net Win of Loss P() . Probability Win Lose Round answers to the nearest hundredth, if necessary 1. What is the expected value? 2, Is this game fair? No . v 3. The ticket cost $2, so, in the long run, you should expect to |lose 4, What is the standard deviation

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