A grocery chain runs a prize game by giving each customer a ticket that may win a prize when a box is scratched. Printed on the ticket are the following probabilities for a customer who shops once a week:

What is the expected value of a customer's winnings in this game?
A) $22.00
B) $10.00
C) $370.00
D) $0.31
E) $100

Question

A grocery chain runs a prize game by giving each customer a ticket that may win a prize when a box is scratched. Printed on the ticket are the following probabilities for a customer who shops once a week:

What is the expected value of a customer's winnings in this game?

What is the expected value of a customer's winnings in this game?
A) $22.00 
B) $10.00 
C) $370.00 
D) $0.31 
E) $100

Quizplus · Accepted Answer

The Answer of A grocery chain runs a prize game by giving each customer a ticket that may win a prize when a box is scratched. Printed on the ticket are the following probabilities for a customer who shops once a week:

What is the expected value of a customer's winnings in this game?
A) $22.00 
B) $10.00 
C) $370.00 
D) $0.31 
E) $100

A Grocery Chain Runs a Prize Game by Giving Each