Big Mowers is a firm selling large farm equipment. To attract new customers they are running a promotion in which customers are asked to guess the number of raw corn kernels in a gallon bucket. It is free for a customer to guess and if they get the exact number of kernels correct, they win a $200,000 lawn tractor. Big Mowers is running the promotion for a week and the probability a customer gets the exact number of kernels correct during that one week is 0.001. What is the expected cost of the promotion?
A) $20
B) $2
C) $2,000
D) $200
Correct Answer:
Verified
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