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Free Lotto. For several years in Massachusetts, the lottery commission would mail residents coupons for free Lotto tickets. To win the jackpot in Massachusetts, you

Free Lotto.For several years in Massachusetts, the lottery commission would mail residents coupons for free Lotto tickets. To win the jackpot in Massachusetts, you have to correctly guess all six numbers drawn from a pool of 36. What is the expected value of the free Lotto ticket if the jackpot is $8000000and there is no splitting of the prize?

Round the answer to two decimal places.

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Free Lotto. For several years in Massachusetts, the lottery commission would mail residents coupons for free Lotto tickets. To win the jackpot in Massachusetts, you have to correctlyguess all six numbers drawn from a pool of 36. What is the expected value of the free Lotto ticket ifthe jackpot is $8000000 and there is no splitting of the prize? Round the answer to two decimal places. The expected value = $ eTextbook and Media Hint Assistance Used To compute the expected value, multiply the value of each outcome with its probability of occurring and then add up all those products

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