SOLUTION: A community 5K run will award $50 the winner. 70 people entered the race and they pay an entry fee of $20. Assuming they are all equally likely to win, what is a fair price for the
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Question 443581: A community 5K run will award $50 the winner. 70 people entered the race and they pay an entry fee of $20. Assuming they are all equally likely to win, what is a fair price for the competition. Round to the nearest cent. Thanks so much Answer by edjones(8007) (Show Source):
