Let A denote the event of placing a $1 straight bet on the New Jersey Pick 3
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Let A denote the event of placing a $1 straight bet on the New Jersey Pick 3 lottery and winning. There are 1000 different ways that you can select the three digits (with repetition allowed) in this lottery, and only one of those three-digit numbers will be the winner. What is the value of P(A)? What is the value of P(A̅)?
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PA 1 1000 ...View the full answer
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