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The Texas Lottery lists the following probability for winning with a ticket. lwinnings lProbability $300,00o 1;5,349,267 |$1o,ooo |1f16?,414 |$spo |1/1?,20? |$24 |111,525 $5 11201 |$2
The Texas Lottery lists the following probability for winning with a ticket. lwinnings lProbability $300,00o 1;5,349,267 |$1o,ooo |1f16?,414 |$spo |1/1?,20? |$24 |111,525 $5 11201 |$2 |1193 (a) What is the probability you win a positive amount of money? Round to two decimal places E (b) What would the ticket have to cost {in positive dollars} for this lottery to be fairr in the sense that your expected prot is $0? $ \\:|
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