A winning lottery ticket is one that correctly matches n balls drawn in any order from the
Question:
A winning lottery ticket is one that correctly matches n balls drawn in any order from the total of 49 distinct balls.
a. Calculate the probability that a single lottery ticket will win if n = 6.
b. Calculate n such that a single lottery ticket has more than a 0.01% probability of winning.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Since the order does not matter a single lottery ticket represents on...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Actuarial And Financial Mathematical Methods
ISBN: 9780128001561
1st Edition
Authors: Stephen Garrett
Question Posted:
Students also viewed these Sciences questions
-
In one lottery, a player wins the jackpot by matching all five distinct numbers drawn in any order from the white balls (1 through 42) and matching the number on the gold ball (1 through 35) If one...
-
Many states supplement their tax revenues with state-sponsored lotteries. Most of them do so with a game called lotto. Although there are various versions of this game, they are all basically as...
-
Powerball! Imagine, you could win a jackpot worth at least $10 million. Some jackpots have been worth more than $250 million! Powerball is a multistate lottery. To play Powerball, you purchase a $1...
-
Write a critical review paper on the topic of financial management in the broad sense.
-
A sheet of paper with writing on it is protected by a thick glass plate having an index of refraction of 1.5. If the plate is 2 cm thick, at what distance beneath the top of the plate does the...
-
How does payroll relate to a companys costs of doing business?
-
For Washburn, what are examples of (a) shifting the demand curve to the right to get a higher price for a guitar line (movement of the demand curve) and (b) pricing decisions involving moving along a...
-
Emergency calls to the 911 system of Durham, North Carolina, for the past 24 weeks are shown in the following table: a) Compute the exponentially smoothed forecast of calls for each week. Assume an...
-
help please Simon Company's year-end balance sheets follow. Current Year 1 Year Ago 2 Years Ago At December 31 Assets Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant...
-
State the sample space associated with the following experiments. a. Tossing a coin. b. Drawing a single ball from a bag containing balls c. Drawing two balls without replacement from the bag in part...
-
Consider a bag containing 10 balls numbered Balls are drawn at random without replacement. a. Calculate the probability that a random selection of three balls is in any order. b. Calculate the...
-
If the long-run aggregate supply curve increased because of a sudden fall in the price of oil, what would happen to inflation? Assume that spending growth (aggregate demand) does not changeonly the...
-
How can you filter on a particular data field in Cognos Analytics? 0 / 1 point Type in the name of the field in the 'Filters' area at the top of the page. Drag the data field to the 'All tabs' area...
-
Project management is fundamental to project success and includes a number of critical success factors including support of top management, use of effective communication channels and rapid feedback,...
-
BIO 189: what are some of the ethical issues regarding his results? why were his results rejected by the scientific community? choose two components below that were either flawed or completely absent...
-
REQUIRED: Prepare Cost of Production per department. Problem 5 ABM Company uses two departments to produce a product. The following data were taken from the books for the month of January, 2019....
-
Can you describe how Toyota responds to changes in market fluctuations, and plot the supply and demand curves indicating managerial economic principles (i.e. price ceilings/floors, shortage/surplus,...
-
Veronique is nearsighted; she cannot see clearly anything more than 6.00 m away without her contacts. One day she doesn't wear her contacts; rather, she wears an old pair of glasses prescribed when...
-
One of the significant and relevant accounts for this cycle is equipment. For this account, what would typically be the most relevant assertions for the auditor to consider? Why is it important for...
-
A rigid vessel of volume 0.400 m 3 containing H 2 at 21.25C and a pressure of 715 10 3 Pa is connected to a second rigid vessel of volume 0.750 m 3 containing Ar at 30.15C at a pressure of 203 10 3...
-
A mixture of oxygen and hydrogen is analyzed by passing it over hot copper oxide and through a drying tube. Hydrogen reduces the CuO according to the reaction CuO(s) + H 2 (g) Cu(s) + H 2 O(l), and...
-
Many processes such as the fabrication of integrated circuits are carried out in a vacuum chamber to avoid reaction of the material with oxygen in the atmosphere. It is difficult to routinely lower...
-
Show that the convexity for a zero coupon bond with m payments per year is (m) n(n + -)(1+ m m
-
Abdul Canarte , a Central Bank economist, noticed that the total group purchasing basket of goods (CPI) has gone from $149,740.00 to $344,460.00 in 8 years. With monthly compounding, what is the...
-
ABC Corporation expects sales next year to be $50,000,000. Inventory and accounts receivable (combined) will increase $8,000,000 to accommodate this sales level. The company has a profit margin of 6...
Study smarter with the SolutionInn App