QUESTION 5 When you buy a lottery ticket, there are two possible outcomes: either you win a big amount, or you don't win anything and lose the price of the ticket. Lottery outcomes Winning of $298839 Losing $5 0.9999 Probabilities of outcomes 0.0001 Calculate your expected winnings. Round the answer to two decimal places.
QUESTION 5 When you buy a lottery ticket, there are two possible outcomes: either you win a big amount, or you don't win anything and lose the price of the ticket. Lottery outcomes Winning of $298839 Losing $5 0.9999 Probabilities of outcomes 0.0001 Calculate your expected winnings. Round the answer to two decimal places.
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.9: Independent And Dependent Events
Problem 3C
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