Question: what is the expected payback? Find the expected payback for a game in which you bet $5 on any number from 0 to 999. If

what is the expected payback?

Find the expected payback for a game in which you bet $5 on any number from 0 to 999. If your number comes up, you K get $1000. . . . The expected payback is $ . (Round to the nearest cent as needed.)

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