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The Big Bills are a charitable organization that conducts seven online contests with different combinations of prizes and entry costs. Arrange the contests in increasing
The Big Bills are a charitable organization that conducts seven online contests with different combinations of prizes and entry costs. Arrange the contests in increasing order of what the chance to win should be so as to give a zero expected value to a player of that game. prize offered: $200 cost per entry: $5 prize offered: $300 cost per entry: $6 prize offered: $468 cost per entry: $9 prize offered: $440 cost per entry: $8 prize offered: $315 cost per entry: $7 prize offered: $168 cost per entry: $4
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