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Mathematics, 10.12.2020 01:30 bria58490

Ten thousand raffle tickets are sold. One first prize of $1400, 3 second prizes of $800 each and 9 third prizes of $400 each will be awarded, with all winners selected randomly. If you purchase one ticket for $2, what are your expected net winnings?

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Ten thousand raffle tickets are sold. One first prize of $1400, 3 second prizes of $800 each and 9 t...
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