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In an auditorium with 500 people one person will be chosen to win a 100 gift card The rest of the people will receive a 0 25 key chain What is the probability that you will be chosen to win the gift card What is the probability that you will receive a key chain Find the expected value QUESTION 2 A spinner has four sections each with different point values and areas The Move Ahead 1 Space section is 1 3 of the area of the spinner The Move Ahead 2 Spaces section is 1 5 of the area of the spinner The Move Ahead 3 Spaces section is 1 6 of the area of the spinner The Go Back 2 Spaces section is 3 10 of the area of the spinner Outcome value Move Ahead 1 1 Probability 1 3 Find the expected value of any one spin 3 2 13 1833
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