Question: Can you explain how you got your answer? Your friend Phillasks you what you think about a new scratch-off lottery game. It costs $10 to

Can you explain how you got your answer?

Can you explain how you got your answer? Your friend Phillasks you

Your friend Phillasks you what you think about a new scratch-off lottery game. It costs $10 to play this game, There are two outcomes for the game (win, lose) and the probability that a player wins a game is 60%. A win results in $15, for a net win of 85 ($15 minus the $1 0 paid to play). The probability distribution for a: (the amount of money a player wins or loses) in a single game is as follows: art - Net Money Won or Lost P(z) - Probability Win co 0.60 Lose 10.40 Using the information in the table, complete the following Interagi the title. There is a cos . a chance of winning $5 . v and a 40s. .

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