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A lottery ticket has a grand prize of $29.3 million. The probability of winning the grand prize is .000000043.

Determine the expected value of the lottery ticket.(Round your answer to 3 decimal places.)

Expected value$_____

Oxnard Petro Ltd. is buying hurricane insurance for its off-coast oil drilling platform. During the next five years, the probability of total loss of only the above-water superstructure ($230 million) is .35, the probability of total loss of the facility ($930 million) is .35, and the probability of no loss is .30.

Find the expected loss.(Input the amount as a positive value.)

Expected Loss_______