Mathematics, 11.01.2022 14:00 zitterkoph
A simple "Pick-3" lottery consists of players picking three digits from 000 to 999 with repeats allowed. It costs \$1$1dollar sign, 1 to play, and a player wins \$500$500dollar sign, 500 if they match all three numbers drawn. Jaime decides to buy 101010 tickets to improve their chances of winning. The table below displays the probability distribution of XXX, the amount of money Jaime profits from this strategy.
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