Solved

Krinkles Potato Chips Is Having a Lucky Seven Sweepstakes 70,00070,000 ; 77

Question 99

Short Answer

Krinkles potato chips is having a Lucky Seven Sweepstakes. The one grand prize is $ 70,00070,000 ; 77 second prizes each pay $ 7,0007,000 ; 77 third prizes each pay $ 700700 ; and 777777 fourth prizes each pay $ 7070 . What is the expectation of this contest (rounded to the nearest cent), if there are 88 million entries? $ __________

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions