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A Lottery Game Pays $500 with

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A lottery game pays $500 with .001 probability and $0 otherwise.The variance of the payout is


Definitions:

Vulnerability

The quality of being susceptible to harm or damage, either physically, emotionally, or digitally.

Prenatal Development

The process of growth and development within the womb from the formation of an embryo to the development of a fetus until birth.

Gametogenesis

The biological process by which male and female sex cells or gametes (sperm and eggs) are formed.

Genetics

The systematic exploration of genetics and the diversity of traits passed down through generations.

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