Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a lotterygame, the jackpot is won by selecting six different whole numbers from 1 through 38 and getting the same six numbers(in anyorder) that

In a lotterygame, the jackpot is won by selecting six different whole numbers from 1 through 38 and getting the same six numbers(in anyorder) that are later drawn. In the Pick 3 game, you win a straight bet by selecting three digits(with repetitionallowed), each one from 0 to9, and getting the same three digits in the exact order they are later drawn. The Pick 3 game returns $500 for a winning$1 ticket. Complete parts(a) through(c) below.

a. In a lotterygame, the jackpot is won by selecting six different whole numbers from 1 through 38 and getting the same six numbers(in anyorder) that are later drawn. What is the probability of winning a jackpot in thisgame?

P(winning a jackpot in this game)=

(Type an integer or a simplifiedfraction.)

b. In the Pick 3 game, you win a straight bet by selecting three digits(with repetitionallowed), each one from 0 to9, and getting the same three digits in the exact order they are later drawn. What is the probability of winning thisgame?

P(winning the Pick 3 game)=

(Type an integer or a simplifiedfraction.)

c. The Pick 3 game returns $500 for a winning$1 ticket. What should be the return if the lottery organization were to run this game for noprofit?

(Type a wholenumber.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Partial Differential Equations For Scientists And Engineers

Authors: Stanley J Farlow

1st Edition

0486134733, 9780486134734

More Books

Students also viewed these Mathematics questions

Question

5. It is the needs of the individual that are important.

Answered: 1 week ago

Question

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago