A lottery ticket has a grand prize of $30.1 million. The probity of winning the grand prize is .000000038 Deteman the expected value of the lottery ticket

Question

asked Jun 19, 2022 19.2k views

1 Answer

Azbarcea · Answer 1 · 2022-06-25T15:13:18+0000

Answer:

$30.1 million * .000000038

$1.14

did the question say how much the ticket cost?

if it was $1 then you would have to subtract $1 so the expected value would be 14 cents

Explanation: