Five hundred lottery tickets are sold for 20 pesos each. One ticket will win 5,000 pesos, 5 tickets will win 2,000 pesos and ten tickets will win 500 pesos. Compute the expected amount of gains/losses of a player buying one ticket. B) -20 c) 20 D None of the above

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Five hundred lottery tickets are sold for 20 pesos each. One ticket will win 5,000 pesos, 5 tickets will win 2,000 pesos and ten tickets
will win 500 pesos. Compute the expected amount of gains/losses of a player buying one ticket.
A 0
-20
20
D) None of the above
Transcribed Image Text:Five hundred lottery tickets are sold for 20 pesos each. One ticket will win 5,000 pesos, 5 tickets will win 2,000 pesos and ten tickets will win 500 pesos. Compute the expected amount of gains/losses of a player buying one ticket. A 0 -20 20 D) None of the above
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