A prize of $100, $200, $500, or $1000 will be randomly awarded to a game show contestant, with the probabilities of winning each prize shown in the table below. What is the expected value of the prize that will be awarded? Prize $100 $200 $500 $1000 Probability 1. 1.

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Q: ❎❎✅✅❎❎♦️♦️♦️❎❎

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