In a lottery game, a player picks six numbers from 1 to 21. If the player matches all six numbers, they win 40,000 dollars. Otherwise, they lose $1. What is the expected value of this game
In a lottery game, a player picks six numbers from 1 to 21. If the player matches all six numbers, they win 40,000 dollars. Otherwise, they lose $1. What is the expected value of this game
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 68E
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In a lottery game, a player picks six numbers from 1 to 21. If the player matches all six numbers, they win 40,000 dollars. Otherwise, they lose $1.
What is the expected value of this game?
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