A person is trying to decide if they should buy a lottery ticket.The ticket costs $1.00.If the ticket is a winner, the prize would be $10,000.Knowing that winning $10,000 is not a certain outcome (state of nature), the person finds that the probability of winning is 0.0009.Based on this information, the following payoff table can be constructed: 
Based on the expected monetary value of buying a ticket, what is the best decision?
Definitions:
Flexible Budget
A budget that dynamically adjusts in correlation with variations in volume or activity levels.
Donations
Voluntary contributions of assets, including money or goods, to a person, group, or organization without expecting any return.
Standard Number
A benchmark or specific figure considered normal or expected under standard conditions in accounting and manufacturing.
Machine-Hours
An operational metric indicating the total hours a piece of machinery is utilized during a specified timeframe, frequently used for costing and efficiency calculations.
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