In a certain game, suppose there is no cost to playing the game, and a player has a probability    0.05   of winning a prize worth    $595    , and a probability of    0.34    of winning another prize worth $ 68    .  What is the expected payment of playing the game?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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In a certain game, suppose there is no cost to playing the game, and a player has a probability    0.05   of winning a prize worth    $595    , and a probability of    0.34    of winning another prize worth $ 68    .  What is the expected payment of playing the game? (please do not round your final answer, and enter it in the box provided below as is).      

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