Solved

A Magazine Subscription Service Is Having a Contest in Which

Question 19

Multiple Choice

A magazine subscription service is having a contest in which the prize is $80,000. If the company receives one million entries, what is the expectation of the contest?


A) $0.12
B) $0.11
C) $0.08
D) $0.10
E) $0.09

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions