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Asweepstakes posted the probabilities of winning each prize and the prize amounts as shown in the chart to the right. suppose that one sweepstakes entry costs $1. find the expected value of the winnings for any individual entry. then state how much you can expect to win or lose if you spend $165 in entries.
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Asweepstakes posted the probabilities of winning each prize and the prize amounts as shown in the ch...
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