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erial.instructure.com/courses/17341/external_tools/retrieve?display=full_width&url=https%3A%2F%2Fimperial.quiz-Iti-lad-prod.instructure.com%2FIti%2FI... (@ * * A Return Submi 5 1 point Suppose you buy 1 lottery ticket for $8. There are 1,000 tickets, where the prize

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erial.instructure.com/courses/17341/external_tools/retrieve?display=full_width&url=https%3A%2F%2Fimperial.quiz-Iti-lad-prod.instructure.com%2FIti%2FI... (@ * * A Return Submi 5 1 point Suppose you buy 1 lottery ticket for $8. There are 1,000 tickets, where the prize for the one winning ticket is to be $576. What is your expected value? The table below summarizes the distribution. Round your answer to the nearest hundredth. Amount Won or Lost, x Probability, P(x) $576 0.001 -$8 0.999 Type your answer. 6 1 point Consider the following table representing a probability distribution. What is the expected value for this distribution? Round to the nearest hundredth. X P(X) 1 0.10 2 0.09 3 0.81 . 2.71 O 1 7420

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