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Professor Dr. Duque will participate in a lottery that will be played by five hundred participants....

Professor Dr. Duque will participate in a lottery that will be played by five hundred participants. He buys a ticket for five dollars. If the lucky randomly selected winner gets one hundred dollars as a prize, what would the professor expected winnings or losses be? (Show your calculations, interpret your results, and make sure you answer the question! (17 points)

You have to make this a discussion and reply to at least two classmates' posts where you comment or try to help each other to solve the problem. ( 8 points)

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Math   Statistics-And-Probability   
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