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The chance of winning a lottery game is 1 in approximately 25million. Suppose you buy a$1 lottery ticket in anticipation of winning the $5million grand

The chance of winning a lottery game is 1 in approximately 25million. Suppose you buy a$1 lottery ticket in anticipation of winning the $5million grand prize. Calculate your expected net winnings for this single ticket. Interpret the result.

Find = E (x)

Then interpret result. choose the correct =losses or winning

and for a large number of games would be ??

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