Mathematics, 07.12.2019 00:31 yhbgvfcd331
In a states pick 3 lottery game you pay $1.28 to select a sequence of three digits(from0 to 9) such as 133.if you select the same sequence of three digits that are drawn, you win and collect $387.07.
complete parts(a through e)
a. how many diff selections are possible?
b. what is the probability of winning?
c. if you win, what is your net profit?
d. find thexpected value
e. if your bet $1.28 ia a certain states picks 4 game, the expected value is $0.89.which bet is better,$1.28 bet in the pick 3 game or a $1.28 bet in a pick 4 game? explain
a. would it be the same value
b. would it be 4 larger
c. would it be 3 larger
Answers: 1
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In a states pick 3 lottery game you pay $1.28 to select a sequence of three digits(from0 to 9) such...
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