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Mathematics, 20.10.2019 00:30 floresjacqueline

The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one: $4200 (1/8000); $1600 (1/6900); $500 (1/3300); $300 (1/2000). find the expected value of the amount won for one entry if the cost of entering is 53 cents.

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