Mathematics
Mathematics, 26.06.2020 15:01, rina62

In a lottery, you pay $1 and pick a number from 000 to 999. If your number comes up, you win $350, which is a profit of $349. If you lose, you lose $1. Your probability of winning is 0.001. What is the expected value of your profit

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In a lottery, you pay $1 and pick a number from 000 to 999. If your number comes up, you win $350, w...

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