You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100
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Question:
You buy a lottery ticket to a lottery that costs $10 per ticket. There are only 100 tickets available to be sold in this lottery. In this lottery there are one $445 prize, two $95 prizes, and four $20 prizes. Find your expected gain or loss. (Round your answer to two decimal places.)
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