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For a Fund Raiser,the Local Chapter of Pie Eaters Anonymous

Question 62

Multiple Choice

For a fund raiser,the local chapter of Pie Eaters Anonymous is offering a set of silver pie pans worth $1000.Each of the 1200 raffle tickets cost $2.What is the expected value for this raffle?


A) -$1.17
B) $2
C) $1400
D) -$0.01

Correct Answer:

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