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09-11-2021
Mathematics

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A $1 lottery ticket offers a grand prize of $18000; 10 runner-up prizes each pay $1800; 100 third-place prizes each pay $180; and 1,000 fourth-place prizes each pay $10. To the nearest penny, find the expected value of entering this contest if 1 million tickets are sold.

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09-11-2021

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I answer u after my online class

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