In a Game of Chance, the Probability of Winning a $50

question 51

Multiple Choice

In a game of chance, the probability of winning a $50 prize is 40 percent, and the probability of winning a $100 prize is 60 percent. What is the expected value of the prize in the game?

• A) $50
• B) $75
• C) $80
• D) $100

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Definitions:

Appropriateness

The quality of being suitable or fitting for a specific context, circumstance, or purpose.

Multicultural

Relating to or containing several cultural or ethnic groups within a society.

Tourist Approach

A way of exploring or engaging with new environments or cultures superficially, similar to how a tourist might experience a destination without deep immersion.

Trivial

Of very little importance or value; insignificant.