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. 
What is the probability of losing $1.00?
Definitions:
Psychotherapy
A form of therapy involving talking with a trained therapist to understand and resolve problematic behaviors, beliefs, feelings, relationship issues, and/or bodily responses.
Validity
The extent to which a test measures or predicts what it is supposed to.
Memory Problems
Difficulties in recalling past events, learning new information, or retaining data, which can vary from mild forgetfulness to severe impairment.
Brilliant Mathematician
An exceptionally talented individual in the field of mathematics, known for their deep understanding and innovative contributions.
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