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1a). What is the expected value of the output for a fair dice? 1b) Lottery Spinner Lottery Spinner Color Y P(Y) Yellow 100 .10 Blue

1a). What is the expected value of the output for a fair dice?

1b)

Lottery Spinner Lottery Spinner Color Y P(Y) Yellow 100 .10 Blue 5 .20 Red 0 .50 Green 10 .10 Tan 100 .10 Calculate expected win or loss for the lottery spinner

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