A lottery ticket has a grand prize of $42.1 million. The probability of winning the grand prize is .000000024.      Determine the...

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A lottery ticket has a grand prize of $42.1 million. The probability of winning the grand prize is .000000024.

    

Determine the expected value of the lottery ticket. (Round your answer to 3 decimal places.)

     

  Expected value$ [removed]  

        

Would you pay $1 for a ticket?

 
[removed]No
[removed]Yes
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