There are 10 chips in a bag. There are 2 blue chip(s), 1 red chip(s), and 7 white chip(5). A player gets to draw one chip from the bag. If a blue chip is drawn, the player wins $10. If a red chip is drawn, the player wins $5, If a white chip is drawn, the player wins $1. Someone decides to play the game, hoping to win some money. It costs $5 to play the game. a) What is the net profit and probability of drawing a blue chip? Net Profit: Probability: b) What is the net profit and probability of drawing a red chip? Net Profit: Probability: () What is the net profit and probability of drawing a white chip? Net Profit: Probability: d) What is the expected value (expected profit) from playing the game? Question Help: [ Video D Post to forum