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Powerball or megamillions and calculate the probability of winning the jackpot. make probability table for this distribution What is your expected gain or loss from

Powerball or megamillions and calculate the probability of winning the jackpot. make probability table for this distribution

  • What is your expected gain or loss from playing?
  • If you played 100 times how much would you expect to win or lose?
  • After looking at this information and doing a few calculations, would you play? Why or why not?
  • Is it binomial

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