Homework: Section 6.1 Homework Question 8, 6.1.31 HW Scor Part 1 of 5 X Points For a multistate lottery, the following probability x (cash prize, $) P(x) distribution represents the cash prizes of the lottery Grand prize 0.00000000802 with their corresponding probabilities. Complete parts 200,000 0.00000014 (a) through (c) below. 10,000 0.000001723 100 0.000144808 7 0.005118875 4 0.007362554 3 0.01483995 0 0.97253194198 (a) If the grand prize is $14,000,000, find and interpret the expected cash prize. If a ticket costs $1, what is your expected profit from one ticket? The expected cash prize is $ (Round to the nearest cent as needed.)