Assume that it costs 2 to play a state s daily number The player chooses a three digit number between 000 and 999 inclusive and

Question

Assume that it costs 2 to play a state s daily number The player chooses a three digit number between 000 and 999 inclusive and if the number is selected that day then the player wins 500 this means the player s profit is 500 2 498 If the player buys 20 chances on 20 different numbers what is the expected value for the player There is an expected Type an integer or a c of gain loss

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