omework Content Question 1 Question 1 14 Points You are considering participating in the student math league which offers cash prizes for certain score on the test. After researching results in the past you estimate that there is a 1/110 chance you will win $100, a 1/55 chance you will win $50, a 1/24 chance you will win $25, and a 1/11 chance you will win $10. What is the expected value of prize money if you compete in the Student Math League contest? (Fortunately there is a lot of good experience with math practice, friendly competition, and networking involved. And it's free to compete.) Write your expected winnings as dollars rounded to the nearest cent, but do not include a $ in your answer. 3.77 Integer, decimal, or E notation allowed Question 2 Question 2 28 Points Question 2 The Phi Theta Kappa honor society is holding a raffle to raise funds for a service project. They are selling raffle tickets for $5 each and the prizes are as follows: A Thanksgiving dinner for four valued at $120, four pumpkin pies from the culinary school valued at $25 each, and ten turkey sandwiches for the Monday after break, valued at $6 each. PTK ends up selling 122 tickets total. If you pay the $5 price to buy one ticket for the PTK Thanksgiving fundraiser, what is the expected value (to you) of the transaction overall? Round to the nearest penny and do not include a $ in your answer. $-2.70 Assuming they paid full price for all the prizes, how much money will the PTK Thanksgiving ra