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Please help explain Lottery: In the New York State Numbers lottery, you pay $ 1 and can bet that the sum of the numbers that

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Lottery: In the New York State Numbers lottery, you pay $ 1 and can bet that the sum of the numbers that come up is 13. The probability of winning is 0.055, and if you win, you win $7, which is a profit of $6. If you lose, you lose $1. 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

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