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In old gangster movies on TV, you often hear of number runners or the numbers racket. This numbers game, which is still played today,
In old gangster movies on TV, you often hear of "number runners" or the "numbers racket." This numbers game, which is still played today, involves betting $1 on the last three digits of the number of stocks sold on a particular day in the future as reported in The Wall Street Journal. If the payoff is $800, what is the expectation for this numbers game? x $
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