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In a raffle, one ticket will win a $240 prize, one ticket will win
a $180 prize, one ticket will win a $110 prize, one ticket will win
a $80 prize, and the other tickets will win nothing. There are 250 in the
raffle. If you have a ticket, what is the expected payoff?
O $0.88
O $2.44
O $5.68
$1.88
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