In a state's Pick 3 lottery game, you pay $1.28 to select a sequence of three digits (from 0 to 9), such as 544. If you select the same sequence of three digits that are drawn, you win and collect $297.99.Complete a. Find the expected value. $ (Round to the nearest hundredth as needed.)
In a state's Pick 3 lottery game, you pay $1.28 to select a sequence of three digits (from 0 to 9), such as 544. If you select the same sequence of three digits that are drawn, you win and collect $297.99.Complete a. Find the expected value. $ (Round to the nearest hundredth as needed.)
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
Problem 35T
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In a state's Pick 3 lottery game, you pay $1.28 to select a sequence of three digits (from 0 to 9), such as 544. If you select the same sequence of three digits that are drawn, you win and collect $297.99.Complete
a. Find the expected value. $
(Round to the nearest hundredth as needed.)
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