Asked by AJC
The table below shows the prizes and probabilities of winning(on a single $1 ticket) for a particular state lottery.
Prize (dollars) Probability
_____________________________________
19 millon(jackpot) 1 in $76,275,360
150,000 1 in 2,179,296
5000 1 in 339,002
150 1 in 9686
100 1 in 7705
5 1 in 220
2 1 in 102
1 1 in 62
How would you expect to win or lose if you bought one $1 ticket every day for a year? Round to the nearest dollar.
Thank you
Prize (dollars) Probability
_____________________________________
19 millon(jackpot) 1 in $76,275,360
150,000 1 in 2,179,296
5000 1 in 339,002
150 1 in 9686
100 1 in 7705
5 1 in 220
2 1 in 102
1 1 in 62
How would you expect to win or lose if you bought one $1 ticket every day for a year? Round to the nearest dollar.
Thank you
Answers
Answered by
AJC
Typing this out, it mashed everything together but its suppose to read:
Prize(dollars)---------Probabilities
19 million(jackpot)----1 in $76,275,360
and so on.
Thank you
Prize(dollars)---------Probabilities
19 million(jackpot)----1 in $76,275,360
and so on.
Thank you
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