Question: answer A children's welfare fundrai'er involves selling one thousand $70 tickets to win a $20,000'grand prize. If the probability of winning is only 0.005, what

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A children's welfare fundrai'er involves selling one thousand $70 tickets to win a $20,000'grand prize. If the probability of winning is only 0.005, what is the expected payoff? O $30 O -$50 O -%40 O -$50

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