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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
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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?

User Jolie
by
8.3k points

2 Answers

7 votes

Answer:

$400

Explanation:

No idea what buddy was saying above

User Dyndrilliac
by
8.5k points
5 votes

Answer: On a different on its 460

Same question different answer

Explanation:

User Alexander Kohler
by
7.9k points
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