The Big B ls are a charitable organization that conducts seven online contests w

Question

The Big B ls are a charitable organization that conducts seven online contests with dfferent combinations of prizes and entry costs. Arrange the contests in increasing order of what the chance to win should be so as to give a zero expected value to a player of that game. Tiles Sequence e offered: $200 t per entry $5 prize offered: $300 cost per entry: $6 ze offered: $468 t per entry S9 e offered: $440 per entry S8 e offered: $315 per entry: S7 ze offered: $168 cost per entry: S4 e offered: $540 per entry: $10

Explanation / Answer

here as chance to win oods should be in proportion to cost to prize ; higher the ratio

threfore below is sequence in increasing order of chance of winning:

1st : prize 440 ; cost 8

2nd :prize 540 ; cost 10

3rd :prize 468 ; cost 9

4th:prize 300 ; cost 6

5th :prize 315 ; cost 7

6th:prize 168 ; cost 4

7th: prize 200 ; cost 5

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