In a lottery game, a player picks six numbers from 1 to 24. 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 24. If the player matches all six numbers, they win 40,000 dollars. Otherwise, they lose $1. What is the expected value of this game?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 6ECP: In Pennsylvania’s Cash 5 game, a player chooses five different numbers from 1 to 43. If these five...
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In a lottery game, a player picks six numbers from 1 to 24. 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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