A contest at a fast-food restaurant offered the following cash prizes and probabilities of winning on one visit when a

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A contest at a fast-food restaurant offered the following cash prizes and probabilities of winning on one visit when a customer buys an order of fries for $1.53. Find the expected winnings if the player buys 12 orders of French fries in multiple visits. What are the Expected winnings if the player buys 12 orders of french fries on multiple visits. round the final answer to the nearest cent. round all intermediate values as needed.

Price Probability

$100,000 1/8,504,860 

$50,000 1/302,500 

$10,000 1/282,735 

$1,000 1/153,560 

$100 1/104,560 

$25 1/9,540

  • 9 years ago
A contest at a fast-food restaurant offered the following cash prizes and probabilities of winning on one visit when a
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