Question: A probability distribution for various prize values is given by the following table. Prizes Probabilities $0.00 0.91 $100.00 0.09 $500.00 0.07 $10,000.00 0.01 Find the

A probability distribution for various prize values is given by the following table.

Prizes Probabilities
$0.00 0.91
$100.00 0.09
$500.00 0.07
$10,000.00 0.01

Find the expected value of the prizes. Round your answer to two decimal places. $

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