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Mathematics, 08.12.2020 02:20 lukasconway7644

A lottery ticket has a grand prize of $21.5 million. The probability of winning the grand prize is .000000023. Determine the expected value of the lottery ticket. (Round your answer to 3 decimal places.)

What is the Expected value?

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A lottery ticket has a grand prize of $21.5 million. The probability of winning the grand prize is ....
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