1. Consider a lottery game in which aperson can win $0, $1, $2, or $1,000. The probability of winning nothing when one plays the game is 0.99, theprobability of winning $1 is 0.009, and the probability of winning $2 is0.0009.A. What is the variable?B. What are the values of the variable?C. What is the probability distributionof the variable in table form?List the values, X:List the probability of each value, P(X=x):D. What is the expected value of thelottery winning?E. What is the standard deviation of thelottery winning?F. What is the probability that the playerwill win either $1 or $2?G. What is the probability of winning atleast $1?H. What is the probability of winning atmost $1?I. If the game cost $1 to play what isthe probability that a person will at least win their money back in the game?J. What is the interval of values thatare within one standard deviation of the mean?K. What is the probability that thelottery winnings will be within one standard deviation of the mean?
1. Consider a lottery game in which aperson can win $0, $1
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