document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1096267>Question 1096267</A>: <I><SPAN STYLE=\"word-break: break-all;\"> A lottery ticket costs $10.  There is a probability of .000001 that you win $3 million and a probability of .001 that you win $1,000.  In all other cases, you win nothing.<BR>\n" );
document.write( "What is the expected value of the ticket? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #710711 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel1380><B>jorel1380(3719)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel1380><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=jorel1380><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=710711\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 3000000 x 0.000001=3<BR>\n" );
document.write( "1000 x 0.001=1<BR>\n" );
document.write( "3+1=4<BR>\n" );
document.write( "Cost of ticket:$10<BR>\n" );
document.write( "Expected value: $4-$10=-$6 loss<BR>\n" );
document.write( "&#9786;&#9786;&#9786;&#9786; </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );