SOLUTION: Show all work
A community 5K run will aware 50.00 to the winner. 50 people enter the race and they each pay an entry fee of 20.00 Assuming they are all equally likely to win,
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A community 5K run will aware 50.00 to the winner. 50 people enter the race and they each pay an entry fee of 20.00 Assuming they are all equally likely to win,
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Question 443268: Show all work
A community 5K run will aware 50.00 to the winner. 50 people enter the race and they each pay an entry fee of 20.00 Assuming they are all equally likely to win, what is a fair price for the competition. Answer by jorel1380(3719) (Show Source):
