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A lottery ticket costs $1. I have a 99.99999% chance of winning nothing (so if I don't win, I just lose the $1 I put
A lottery ticket costs $1. I have a 99.99999% chance of winning nothing (so if I don't win, I just lose the $1 I put in). I have a 0.00001% of winning $7,789,267. What is the expected value of buying a lottery ticket? Round to the nearest cent, and don't enter a dollar sign (so if your answer is $443.363, round to 443.36)
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