Name: 1. A game has 49 green balls and 1 red ball in a bag, and you will randomly select one ball from the bag. If the selected ball is green, you lose $1. And, if the ball is red, you win $100. What is the expected value of the game? 2. A game has 28 white balls and 12 red balls in a bag, and you will randomly select one ball from the bag. If the selected ball is white, you lose $5. And, if the ball is red, you win $10. What is the expected value of the game?

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