6.1 Section Exe Lottery: In the New York State Numbers lottery, you pay $1 and can bet that the sum of the numbers that come up is 13. The probability of winning is 0.06, and if you win, you win $9.50, which is a profit of $8.5. If you lose, you lose $1. Part: 0 2 Part 1 of 2 (a) What is the expected value of your profit? Round the answer to two decimal places. The expected value of profit is Submit Assignment Next Part Privacy © 2019 McGraw-Hill Education. All Rights Reserved. Terms of Use

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