Lottery: In the New York State Numbers lottery, you pay $2 and can bet that...
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Lottery: In the New York State Numbers lottery, you pay $2 and can bet that the sum of the numbers that come up is 13. Theprobability of winning is 0.08, and if you win, you win $10, which is a profit of $8. If you lose, you lose $2.Part: 0/2Part 1 of 2(a) What is the expected value of your profit? Round the answer to two decimal places.The expected value of profit is
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