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Question text In a game of chance, the probability of winning a $50 prize is 40 per cent, and the probability of winning a $100

Question text In a game of chance, the probability of winning a $50 prize is 40 per cent, and the probability of winning a $100 prize is 60 per cent. What is the expected value of a prize in the game?

Select one: A. $100 B. $75 C. $50 D. $80

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