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Q1.A lottery has 6 000 000 tickets and each ticket costs $3.00. The table shows the prizes available. Complete the table as we did in

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Q1.A lottery has 6 000 000 tickets and each ticket costs $3.00. The table shows the prizes available. Complete the table as we did in class and find the expected profit/loss per ticket.

image text in transcribed
Prize ($) Number of Prizes 1 000 000 250 000 2 50 000 10 1 000 50 100 500 10 1 000 5 10 000

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