Answer:
11.438 million
Step-by-step explanation:
To find the expected value, you multiply the probability by the grand prize of the lottery ticket.
The lottery ticket has a grand prize of 30.1 million.
The probability of winning the grand prize is 0.38
The expected value of the ticket is
[tex] = 0.38 \times 30.1million[/tex]
[tex] = 11.438million[/tex]
