12. The Powerball lottery is played twice each week in 28 states, the Virgin Islands, and the...
Question:
12. The Powerball lottery is played twice each week in 28 states, the Virgin Islands, and the District of Columbia. To play Powerball a participant must purchase a ticket and then select five numbers from the digits 1 through 55 and a Powerball number from the digits 1 through 42. To determine the winning numbers for each game, lottery officials draw five white balls out of a drum with 55 white balls, and one red ball out of a drum with 42 red balls. To win the jackpot, a participant’s numbers must match the numbers on the five white balls in any order and the number on the red Powerball. Eight coworkers at the ConAgra Foods plant in Lincoln, Nebraska, claimed the record $365 million jackpot on February 18, 2006, by matching the numbers 15-17-43-44-49 and the Powerball number 29. A variety of other cash prizes are awarded each time the game is played. For instance, a prize of $200,000 is paid if the participant’s five numbers match the numbers on the five white balls
(http://www.powerball.com, March 19, 2006).
a. Compute the number of ways the first five numbers can be selected.
b. What is the probability of winning a prize of $200,000 by matching the numbers on the five white balls?
c. What is the probability of winning the Powerball jackpot?
Step by Step Answer:
Essentials Of Statistics For Business And Economics
ISBN: 9780324568608
5th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams