need some more help on stats
in a raffle 1000 tickets are sold for $2 each one ticket will be randomly selected and the winner will receive a laptop computer valued at $1200 what is the expected value for a person that buys one ticket?

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answer choices are
a 1.2
b -.08
c 0.8
d -1.2
e none of the above

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What is the probability of winning?

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