- Thread starter
- #1

**In its flip a lid contest, a coffee chain offers prizes of 50,000 free coffees, each worth \$1.50; two new TVs, each worth \$1200; a snowmobile worth \$15 000; and sports car worth \$35 000. A total of 1 000 000 promotional coffee cups have been printed for contest. Coffee sells for \$1.50 per cup. What is the expected value of cup of coffee to the customer?**

Last edited by a moderator: