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You paid $10 to be entered into a raffle for a prize of $1,000. If .pdf

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You paid $10 to be entered into a raffle for a prize of $1,000. If there was only going to be one winner out the total 50 people that entered, what is your expected profit for entering the raffle? (Hint, using the provided table may help) (show work to help with partial credit) PROFIT PROB. PROFIT PROB..

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You paid $10 to be entered into a raffle for a prize of $1,000. If there was only going to be one winner out the total 50 people that entered, what is your expected profit for entering the raffle? (Hint, using the provided table may help) (show work to help with partial credit) PROFIT PROB. PROFIT PROB.

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