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Mathematics, 09.01.2020 06:31 coltonwsmith
1. what are the possible total amounts of money you could win if you scratch off two disks?
2. if you pick two disks at random:
a. how likely is it that you win $2.00?
b. how likely is it that you win $11.00?
3. based on exercise 2, how much should you expect to win on average per game if you played this game a large
number of times?
4. to play the game, you must purchase a game card. the price of the card is set so that the game is fair. what do you
think is meant by a fair game in the context of playing this instant lottery game?
5. how much should you be willing to pay for a game card if the game is to be a fair one? explain.
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Answers: 1
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