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Online ProgramA statistician is working for Sweet Shop USA and has been given the task to find out what the probability is that the fudge machine malfunctions messing up a whole batch of fudge in the process. Each malfunction of the machine costs the company $250. The statistician calculates the probability is 1 in 20 batches of fudge will be lost due to machine malfunction. What is the expected value of this loss for one month if the company produces 20 batches of fudge each day?