Carnival loses money

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Rework problem 22 from section 4.3 of your text, involving a carnival fishpond. Assume that the pond contains 100 fish: 74 fried, 25 teal, and 1 poached. A contestant pays $0.40 to randomly catch one fish and receives $0.40 if the fish is fried, $2.20 if the fish is teal, and $17.00 if the fish is poached.

How much (on average) does the carnival gain on each play? (If the carnival loses money, enter a negative dollar amount)

Reference no: EM131416783

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