Solve the Problem A) $- \$ 0.81$ B) $\$ 0.24$ C) $- \$ 0.72$

Solve the problem.
-The table shows the prizes and probabilities of winning (on a single $1 ticket) for a particular state lottery. Find the expected value of the winnings for a single lottery ticket. $\begin{array}{c|l}\text { Prize (dollars) } & \text { Probability } \\\hline 5 \text { million (jackpot) } & 1 \text { in } 76,275,360 \\150,000 & 1 \text { in } 2,179,296 \\5000 & 1 \text { in } 339,002 \\150 & 1 \text { in } 9686 \\100 & 1 \text { in } 7705 \\5 & 1 \text { in } 220 \\2 & 1 \text { in } 102 \\1 & 1 \text { in } 62\end{array}$

A) $- \$ 0.81$
B) $\$ 0.24$
C) $- \$ 0.72$
D) $- \$ 0.76$

Correct Answer:

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