Lottery: In the New York State Numbers Lottery, you pay $ 1 and pick a number from 000 to 999. If your number comes up,
Lottery: In the New York State Numbers Lottery, you pay $ 1 and pick a number from 000 to 999. If your number comes up, you win $600, which is a profit of $599. If you lose, you lose $1. Your probability of winning is 0.001. Part: 0 / 2 Part 1 of 2 (a) What is the expected value of your profit? Round the answer to two decimal places. The expected value of profit is X 5
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