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Need Help? Read It 7. [-/1.11 Points] DETAILS LARMPMT1 16.4.009. 0/100 Submissions Used MY NOTES ASK YOUR TEACHER Scholarship A is worth $2000 and costs
Need Help? Read It 7. [-/1.11 Points] DETAILS LARMPMT1 16.4.009. 0/100 Submissions Used MY NOTES ASK YOUR TEACHER Scholarship A is worth $2000 and costs $10 to apply. Scholarship B is worth $4000 and costs $25 to apply. You have a 4% chance of receiving Scholarship A and a 1% chance of receiving the Scholarship B. (a) What is your expected value for Scholarship A? (b) What is your expected value for Scholarship B? $ (c) You can only apply for one scholarship. Which one should you choose? Scholarship A O Scholarship B Need Help? Read It Viewing Saved Work Revert to Last Response 8. [0.57/1.11 Points] DETAILS PREVIOUS ANSWERS LARMPMT1 16.3.019. 3/100 Submissions Used MY NOTES ASK YOUR TEACHER The table shows the socks that are in your sock drawer. You randomly choose one sock, put it on your left foot, then choose another. ON CA P P HO T G 460F ~ (16 141200)) Type here to search FULL - 1080 - E g on Pause Del Home PS UP PrtSc F10 F11 F12 Ins Scr LI SysRa Break F4 F5 F6 F7 ESC F1 F3 4- Backspace 6 4 5 Home R Q W E Tab i Enter XA K G H S D F 14 f Shift
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