Multiple Choice
A raffle ticket costs $5. First-prize and second-prize winners will be drawn at random. The probability of winning the $100 first prize is 1/40, and the probability of winning the $25 second prize is 1/20. What is the mean winnings for one play, taking into account the $5 cost of the ticket?
A) −$1.25
B) −$0.875
C) $3.375
D) $3.75
Correct Answer:

Verified
Correct Answer:
Verified
Q39: We need to create serial numbers that
Q40: A spinner numbered 1 through 10 is
Q41: A continuous probability model has the
Q42: We must create a license plate code
Q43: Use the following information to solve
Q45: A game is played with a pair
Q46: You use a random number generator that
Q47: Two coins are flipped and the number
Q48: The shelf life of a battery produced
Q49: Suppose a trial consists of rolling two