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In Kentucky s Pick 4 game, you pay $ 1 to select a sequence of four digits, such as 2 2 8 3 . If
In Kentuckys Pick game, you pay $ to select a sequence of four
digits, such as If you buy only one ticket and win, your prize is $ and your net gain
is $
a If you buy one ticket, what is the probability of winning?
b Construct a table describing the probability distribution corresponding to the purchase of
one Pick ticket.
c If you play this game once every day, find the mean number of wins in years with exactly
days.
d If you play this game once every day, find the probability of winning exactly once in days.
e Find the expected value for the purchase of one ticket.
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