Question: Wind the expected value for the following examples. The local fire department plans to sell 500 raffle tickets for $2 each. First prize is $100,

Wind the expected value for the following examples. The local fire department plans to sell 500 raffle tickets for $2 each. First prize is $100, Second prize is $50, and Third prize is $2S. Gain, x Probability, P(x) What is the expected value

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