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Author Question: In one state's Multi-Million Lottery you choose 5 numbers between 1 and 56 plus a Mega number ... (Read 144 times)

geodog55

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In one state's Multi-Million Lottery you choose 5 numbers between 1 and 56 plus a Mega number between 1 and 36. Suppose that a winning ticket pays $60 million (assume that the prize will not be split among several winners). Find the expected value of a $1 lottery ticket. Round your answer to the nearest penny.
◦ $-0.56
◦ $0.44
◦ $-0.44
◦ $-1.00
◦ $0.56


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Marked as best answer by geodog55 on May 5, 2020

rachel

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geodog55

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Reply 2 on: May 5, 2020
Excellent


strudel15

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Reply 3 on: Yesterday
Gracias!

 

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