A contest at a fast-food restaurant offered the cash prizes and probabilities of winning on one visit shown to the right. Suppose you spend $1 to buy a bus pass that lets you go to 27 different restaurants in the chain and pick up entry forms. Find your expected value. ... The expected value is (Round to the nearest cent as needed. Do not include the $ symbol in your answer.) Prize Probability $100,000 1/9,792,000 $25,000 1/1,958,400 $5,000 1/979,200 $1,000 1/122,400 $100 1/24,480 $5 1/6,120 $1 1/680

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Please write the steps of this question and circle the answer so that I can understand. Please write the answer in an organized way if possible so that I can understand and identify the numbers. For each step, please specify which answer corresponds to which step. I appreciate your understanding. This question has several steps and I have sent you both pages. Please, if possible, write the step by step and circle the answer so that I don't get lost. Please tell me what the answer to each question is about.

QUESTION 3 A wholesaler must decide how many computers to purchase before they know how many they will be able to sell to local retailers. The wholesaler purchases the computers for S300 each and sells them to retailers for $350 each. If the wholesaler is not able to sell them to a retailer then the wholesaler can return them to the manufacturer (for a refund of the S300 cost), but the wholesaler must pay $40 per computer that it returns to the manufacturer (in shipping, handling, and insurance costs). The following probability distribution describes the number of computers the wholesaler may possibly sell to local retailers: there is a 21% chance that they will sell 900 computers, a 56% chance that they will sell 1200 computers; otherwise, they will sell 1500 computers. What is the expected number of computers the wholesaler will sell? (please round your answer to 1 decimal place)