In a state's Pick 3 lottery game, you pay $1.18 to select a sequence of three digits (from 0 to 9), such as 233. If you select the same sequence of three digits that are drawn, you win and collect $322.07. Complete parts (a) through (e). a. How many different selections are possible? b. What is the probability of winning? (Type an integer or a decimal.) c. If you win, what is your net profit? $ (Type an integer or a decimal.)
In a state's Pick 3 lottery game, you pay $1.18 to select a sequence of three digits (from 0 to 9), such as 233. If you select the same sequence of three digits that are drawn, you win and collect $322.07. Complete parts (a) through (e). a. How many different selections are possible? b. What is the probability of winning? (Type an integer or a decimal.) c. If you win, what is your net profit? $ (Type an integer or a decimal.)
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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