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 $25, 0.05 for $30, 0.03 for $50, and 0.0003 for $100. what is the probability that the ticket is worth at least $50?

Explanation:

Step1: Identify prizes worth at least $50

The prizes worth at least $50 are $50 and $100.

Step2: Sum their probabilities

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

$$P = 0.003+ 0.0001$$

$$P=0.0031$$

Answer:

\(0.0031\)