Question

q1: Complete the following probability distribution table:

x	p(x)
-7	0.22
-4	0.18
-1	0.15
23	0.15
32
57	0.22

Q2:

The student council is hosting a drawing to raise money for scholarships. They are selling tickets for $7 each and will sell 700 tickets. There is one $1,000 grand prize, two $300 second prizes, and eleven $30 third prizes. You just bought a ticket. Find the expected value for your profit. Round to the nearest cent.

Answer 1