Mathematics, 03.06.2020 19:02 PastryCrisp

The change of winning the jackpot (worth $125) in a local lottery is 1%. The change of winning the second place prize (worth $50) is 2%. The change of winning the third place prize (worth $15) is 3%. If you paid $3.50 for a lottery ticket, how much money would you expect to win or lose?

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The change of winning the jackpot (worth $125) in a local lottery is 1%. The change of winning the s...

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