A contest at a fast-food restaurant offered the cash prizes and probabilities of winning on one visit shown to the right. Suppose you spend $1 to buy a bus pass that lets you go to 26 different restaurants in the chain and pick up entry forms. Find your

Question 1

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A contest at a fast-food restaurant offered the cash prizes and probabilities of winning on one visit shown to the right. Suppose you spend $1 to buy a bus pass that lets you go to 26 different restaurants in the chain and pick up entry forms. Find your

A contest at a fast-food restaurant offered cash prizes and the probabilities of winning on one visit are shown to the right. Suppose you spend $1 to buy a bus pass that lets you go to 26 different restaurants in the chain and pick up entry forms. Find your expected value.

Prize Probability

$100,000 1/7,804,800

$25,000 1/1,560,960

$5,000 1/780,480

$1,000 1/97,560

$100 1/19,512

$5 1/4,878

$1 1/542

college math

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A contest at a fast-food restaurant offered the following cash prizes and probabilities of winning on one visit when a customer buys an order of French fries $100,000 for $1.31. Find the expect...

A contest at a​ fast-food restaurant offered the cash prizes and probabilities of winning on one visit shown to the right. Suppose you spend​ $1 to buy a bus pass that lets you go to 26 different restaurants in the chain and pick up entry forms. Find your

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A contest at a fast-food restaurant offered the following cash prizes and probabilities of winning on one visit when a customer buys an order of French fries $100,000 for $1.31. Find the expect...

A contest at a fast-food restaurant offered the cash prizes and probabilities of winning on one visit shown to the right. Suppose you spend $1 to buy a bus pass that lets you go to 26 different restaurants in the chain and pick up entry forms. Find your

Add Answer to:
A contest at a fast-food restaurant offered the cash prizes and probabilities of winning on one visit shown to the right. Suppose you spend $1 to buy a bus pass that lets you go to 26 different restaurants in the chain and pick up entry forms. Find your