Participants in an archery game pay $10 for a chance to shoot an arrow at a target placed 70 yards away. The following table shows how much a participant can win depending on where the arrow lands on the target with a given probability. What is the expected profit for the participant in this game? (Select the most accurate option from below). Arrow lands at the center of target Arrow lands within one foot away from the center Arrow lands between one to two feet away from the center Arrow misses the target altogether An expected profit of $60 An expected profit of $2.5 An expected profit of $8 An expected profit of $12 Correct answer is not listed An expected profit of $3 An expected profit of $9.5 An expected profit of $4.5 Probability 0.02 0.1 0.3 0.58 Participant wins $100 $50 $20 $0

Participants in an archery game pay $10 for a chance to shoot an arrow at a target placed 70 yards away. The following table shows how much a participant can win depending on where the arrow lands on the target with a given probability. What is the expected profit for the participant in this game? (Select the most accurate option from below). Arrow lands at the center of target Arrow lands within one foot away from the center Arrow lands between one to two feet away from the center Arrow misses the target altogether An expected profit of $60 An expected profit of $2.5 An expected profit of $8 An expected profit of $12 Correct answer is not listed An expected profit of $3 An expected profit of $9.5 An expected profit of $4.5 Probability 0.02 0.1 0.3 0.58 Participant wins $100 $50 $20 $0

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section: Chapter Questions

Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...

See similar textbooks