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...

A prize of $100, $200, $500, or $1000 will be randomly awarded to a game<br>show contestant, with the probabilities of winning each prize shown in the<br>table below. What is the expected value of the prize that will be awarded?<br>Prize<br>$100 $200 $500 $1000<br>Probability<br>

Extracted text: 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? Prize $100 $200 $500 $1000 Probability
O A. $400<br>B. $560<br>C. $380<br>D. $460<br>

O A. $400<br>B. $560<br>C. $380<br>D. $460<br>

Extracted text: O A. $400 B. $560 C. $380 D. $460

Jun 09, 2022

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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...

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