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A raffle offers a first prize of 500 and 3 second prizes of 80 each...

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A raffle offers a first prize of 500 and 3 second prizes of 80 each One ticket costs 1 and 600 tickets are sold Find the expected payback for a person who buys 1 ticket Is this a fair The expected payback for a person who buys 1 ticket is Round to two decimal places as needed CELOR

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