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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

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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. T - Net Win or Loss P(x) - Probability Win + 200 Lose S 2 Enter the probabilities as fractions using / for the division bar. 1. What is the expected value? 2. Is this game fair? Yes + 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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