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Suppose your state lottery has an expected value of -31%. If you spend $25 per month on lottery tickets, how much money would you be expected to lose in an average year

Suppose your state lottery has an expected value of -31%. If you spend $25 per month on lottery tickets, how much money would you be expected to lose in an average year
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suppose your state lottery has an expected value of -31%. If you spend $25 per month on lottery tickets, how much money would you be expected to lose in an average year

User Kdon
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1 Answer

6 votes
you are expected to loose 300 dollars a year
User Enock
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