A lottery ticket has a grand prize of $30.5 million. The probability of winning the grand prize is 000000044. Determine the expected value of the lottery ticket (Round your answer to 3 decimal...


A lottery ticket has a grand prize of $30.5 million. The probability of winning the grand prize is 000000044.<br>Determine the expected value of the lottery ticket (Round your answer to 3 decimal places.)<br>Expected value<br>Would you pay $1 for à ticket?<br>O No<br>O Yes<br>nt<br>ences<br>< Prev<br>9 of 9<br>Next<br>H<br>ype here to search<br>

Extracted text: A lottery ticket has a grand prize of $30.5 million. The probability of winning the grand prize is 000000044. Determine the expected value of the lottery ticket (Round your answer to 3 decimal places.) Expected value Would you pay $1 for à ticket? O No O Yes nt ences < prev="" 9="" of="" 9="" next="" h="" ype="" here="" to="">

Jun 02, 2022
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