What is the expected value of the game for taranique

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Taranique loves to play the floating duck game at the carnival. For $2.00 per try, she gets to choose one duck out of 50 swimming in the water. If Taranique is lucky, she will pick one of the 8 winning ducks and go home with a pink teddy bear.

a) What is the expected value of the game for taranique if the value of the prize is $5.00?

Reference no: EM132464170

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