The Prizes That Can Be Won in a Sweepstakes Are

question 108

Multiple Choice

The prizes that can be won in a sweepstakes are listed below together with the chances of winning each one: $3500 (1 chance in 8800) ; $1400 (1 chance in 6300) ; $600 (1 chance in 3000) ; $200 (1 chance in 2900) . Find the expected value of the amount won for one entry if the cost of entering is 55 cents.

• A) $0.34
• B) $0.42
• C) $200
• D) $0.82

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Definitions:

Psychological Causes

Factors originating in the mind that can contribute to or exacerbate a range of behaviors, feelings, or mental states.

Somatic Symptom Disorder

A mental disorder in which a person experiences physical symptoms that cause significant distress and impairment, which cannot be fully explained by a general medical condition.

Close Female Relatives

Immediate female family members, typically referring to mothers, sisters, and daughters, who share a close genetic or emotional bond.

Somatization Pattern

A somatization pattern refers to the manifestation of psychological distress through physical symptoms with no identifiable medical cause.