In a radio station contest, the first prize is $2,000 and the second prize is $500. The probability of winning the first prize i

Question

3 years ago

10

In a radio station contest, the first prize is $2,000 and the second prize is $500. The probability of winning the first prize i

s 0.005 and the probability of winning the second prize is 0.008. The station runs this contest many, many times to increase its listening audience. What is the expected payout for each time the station offers the opportunity to win the prizes?
$2,300
$500
$100
$14
$10

Mathematics

2 answers:

slava [35] · Answer 1 · 2022-08-09T08:18:49+03:00

slava [35]3 years ago

4 0

Answer:

its 14 hpefully

Step-by-step explanation:

lana [24] · Answer 2 · 2022-08-09T07:05:15+03:00

lana [24]3 years ago

3 0

I think the answer is $14