Question:

For a multistate lottery the following probability

Last updated: 6/29/2023

For a multistate lottery the following probability

For a multistate lottery the following probability distribution represents the cash prizes of the lottery with their corresponding probabilities Complete parts a through c below x cash prize Grand prize 200 000 10 000 100 7 4 3 0 P x 0 00000000504 0 00000012 0 000001686 0 000148622 0 004959544 0 006178738 0 01820095 0 97051033496 a If the grand prize is 17 000 000 find and interpret the expected cash prize If a ticket costs 1 what is your expected profit from one ticket The expected cash prize is S Round to the nearest cent as needed