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Business, 05.12.2019 02:31 tyjae1601

The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one: $5200 (1 chance in 8900); $2500 (1 chance in 6400); $900 (1 chance in 3900); $100 (1 chance in 2100). find the expected value of the amount won for one entry if the cost of entering is 57 cents.

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