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Participants in an archery game pay $10 for a chance to shoot an arrow at a target placed 70 yards away. The following table shows
Participants in an archery game pay $10 for a chance to shoot an arrow at a target placed 70 yards away. The following table shows how much a participant can win depending on where the arrow lands on the target with a given probability. What is the e_xpected pLo_t for the participant in this game? (Select the most accurate option from below). Probability Participant wins Arrow lands at the center of target 0.02 $100 Arrow lands within one foot away from the center 0.1 $50 Arrow lands between one to two feet away from the center 0.3 $20 Arrow misses the target altogether 0.58 $0 0 An expected prot of $12 0 Correct answer is not listed 0 An expected prot of $60 0 An expected prot of $4.5 C) An expected prot of $3 0 An expected prot of $8 O An expected prot of $9.5 C) An expected prot of $2.5
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