Question

a restaurant hands out a scratch - off game ticket with prizes being worth purchases at the restaurant. the back of the ticket lists the probabilities of winning each dollar value: 0.1 for $5, 0.05 for $10, 0.005 for $50, and 0.0003 for $100. what is the probability that the ticket is worth at least $10?

Explanation:

Step1: Identify the prize values that are at least $10

The prize values that are at least $10 are $10, $50, and $100.

Step2: Add the probabilities of these prize values

The probability for $10 is LXI0, for $50 is \(0.0003\), and for $100 is \(0.0001\).

$$P = 0.005+0.0003 + 0.0001$$

$$P=0.0054$$

Answer:

\(0.0054\)