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Given a raffle with 3000 tickets sold where each ticket costs 4 dollars and there are prizes of 11 individual scholarships worth $1200 each, 2
Given a raffle with 3000 tickets sold where each ticket costs 4 dollars and there are prizes of 11 individual scholarships worth $1200 each, 2 concessions passes for a single term worth $400 each, seven laptops worth $750 each, and six bookstore gift certificates worth $500 each find the expected value if you only buy one ticket.
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