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Saved The payouts for the Powerball lottery and their corresponding odds and probabilities of occurrence are shown below. The price of a ticket is $1.00.
Saved The payouts for the Powerball lottery and their corresponding odds and probabilities of occurrence are shown below. The price of a ticket is $1.00. Divisions Five plus Powerball Match 5 Four plus Powerball Match 4 Three plus Powerball Match 3 Two plus Powerball One plus Powerball Zero plus Powerball Payout Odds $ 50,000,000 145,507,962 200,000 3,562,409 10,000 584,252 160 14,015 160 11,927 13 291 13 745 4 127 3 69 Probability .000000006872 .000000280709 000001711590 900971347000 200083836400 .003424658000 .001340483000 .007812500020 .014285714000 Click here for the Excel Data Filc Find the mean and standard deviation of the payout without taking into account the price of the ticket. (Do not round intermediate calculations. Round your mean value to 5 decimal places and standard deviation to 3 decimal places.) ces Mean Standard deviation If the cost of a ticket is taken into account, then the mean is a loss of and the standard deviation is no Graw HIE Saved The payouts for the Powerball lottery and their corresponding odds and probabilities of occurrence are shown below. The price of a ticket is $1.00. Divisions Five plus Powerball Match 5 Four plus Powerball Match 4 Three plus Powerball Match 3 Two plus Powerball One plus Powerball Zero plus Powerball Payout Odds $ 50,000,000 145,507,962 200,000 3,562,409 10,000 584,252 160 14,015 160 11,927 13 291 13 745 4 127 3 69 Probability .000000006872 .000000280709 000001711590 900971347000 200083836400 .003424658000 .001340483000 .007812500020 .014285714000 Click here for the Excel Data Filc Find the mean and standard deviation of the payout without taking into account the price of the ticket. (Do not round intermediate calculations. Round your mean value to 5 decimal places and standard deviation to 3 decimal places.) ces Mean Standard deviation If the cost of a ticket is taken into account, then the mean is a loss of and the standard deviation is no Graw HIE
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