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much will he be spending on average in the long run

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter0: Preparing For Algebra

Section: Chapter Questions

Problem 71POT

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Question

Kyle wants to buy packs of gaming cards until he gets a certain card he wants, but he has only enough money to buy at most two packs of which the probability of buying 2 packs is 30 %. If each pack costs 250 pesos, how much will he be spending on average in the long run?

A. 250 pesos

B. 325 pesos

C. 425 pesos

D. 500 pesos

Expert Solution