Expected value is not useful for making decisions about lottery tickets

Expected value is not useful for making decisions about lottery tickets expected value of lottery ticket
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expected value of lottery ticket Expected Value Calculation The expected value of a lottery ticket can be calculated using the formula: Expected Value = Sum of (Probability of each outcome

in lottery post Interview question for Senior Analyst What is the expected value of a lottery ticket?  This speaks about developers' active response to the surge in demand for high value homes among the target clientele ” expected range of