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Question 3, 5.1.27 HW Score: 14.74%, 2.8 of 19 points Save = Homework: Hom... Part 5 of 5 Points: 0.8 of 1 a state's Pick

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Question 3, 5.1.27 HW Score: 14.74%, 2.8 of 19 points Save = Homework: Hom... Part 5 of 5 Points: 0.8 of 1 a state's Pick 3 lottery game, you pay $1.37 to select a sequence of three digits (from 0 to 9), such as 366. If you select the same sequence of three digits that awn, you win and collect $433.66. Complete parts (a) through (e). LUUU What is the probability of winning? 001 (Type an integer or a decimal.) . If you win, what is your net profit? $ 432.29 (Type an integer or a decimal.) d. Find the expected value. $ -.94 (Round to the nearest hundredth as needed.) e. If you bet $1.37 in a certain state's Pick 4 game, the expected value is - $0.94. Which bet is better, a $1.37 bet in the Pick 3 game or a $1.37 bet in the Pick 4 game? Explain. O A. The Pick 3 game is a better bet because it has a larger expected value. O B. The Pick 4 game is a better bet because it has a larger expected value. O C. Neither bet is better because both games have the same expected value. Help me solve this View an example Get more help - Clear all Final check Question 13 (0/1) Question 14 (0/1) Question 15 (0/1) Question 16 (0/1)

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