3300. If the second option is chosen the contestant's probabilities of winning the vacation or the boat are 0.20 and 0.15, respectively. It the conte vn the computer system and go for one of the other prizes, what would be the expected winnings? ...... pected winnings are $

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.8: Probabilities Of Disjoint And Overlapping Events
Problem 2C
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Having tough time with word problems could you help solve and break this down for me
A game show contestant is offered the option of receiving a computer system worth $2400 or accepting a chance to win either a luxury vacation worth $4200 or a boat
worth $8300. If the second option is chosen the contestant's probabilities of winning the vacation or the boat are 0.20 and 0.15 , respectively. If the contestant were to
turn down the computer system and go for one of the other prizes, what would be the expected winnings?
The expected winnings are $
35/ 5:3
e
-T
Vay
Empi
O Time Remaining: 01:49:37
Next
on
on
67°F
%23
Transcribed Image Text:A game show contestant is offered the option of receiving a computer system worth $2400 or accepting a chance to win either a luxury vacation worth $4200 or a boat worth $8300. If the second option is chosen the contestant's probabilities of winning the vacation or the boat are 0.20 and 0.15 , respectively. If the contestant were to turn down the computer system and go for one of the other prizes, what would be the expected winnings? The expected winnings are $ 35/ 5:3 e -T Vay Empi O Time Remaining: 01:49:37 Next on on 67°F %23
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