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The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one. $4,500 (1 chance in 8,800)
The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one. $4,500 (1 chance in 8,800) $2,700 (1 chance in 6,500) $500 (1 chance in 3,300) $400 (1 chance in 2,800) Find the expected value, round to the nearest cent of the amount won for one entry if the cost of entering is 61 cents
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