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A scratch off lottery ticket can be purchased for $ 2 . There are multiple prize options, shown along with the probability, in the table
A scratch off lottery ticket can be purchased for $ 2 . There are multiple prize options, shown along with the probability, in the table below. What is the expected win (or loss) for this lottery ticket? Round your answer to the nearest cent. Do not round until your final answer. Win Probability $ 5 , 000 0.000125 $ 250 0.000375 $ 75 0.002 $ 10 0.0025 $ 2 0.02 0 0.975
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