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Mathematics, 29.07.2019 14:00 soniarosechavez1

Araffle for charity cost 5$ to enter . there are three prizes . first is worth 25$ , second prize is worth 15$ and the third prize is worth 10$ . if 20 people entered the raffle with an equal chance to win , what is expected loss or gain for one ticket ? a.) loss of 3.25 b.) gain 7.50 c.) loss of 2.50 d.) gain of 1.59

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