A lottery features twenty-five prizes of $20, ten prizes of $100, three prizes of $500 and one $2000 prize. Determine the mean, the median and the mode of the prizes. Which measure of central tendency best represents the average of this data and why?

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A lottery features twenty-five prizes of $20, ten prizes of $100, three prizes of $500 and one $2000 prize.

Determine the mean, the median and the mode of the prizes. Which measure of central tendency best represents the average of this data and why?

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