A gambler is trying to determine whether or not to make a bet. If he bets and wins, he will profit $2000. If he bets and loses, he has to pay $300. The probability that he wins the bet is 15%. Refer to the previous problem. If he were to make this type of bet many times, would he expect to win money or lose money over the long run?Explain your answer in terms of theexpected value.