In a lottery, each ticket has 5 one-digit numbers 0-9 on it. (with no digit repeating twice)
You win if your ticket has the digits in any order. What are your changes of winning?
1 / 252
1 / 100
1 / 148
1 / 30240
In a lottery, each ticket has 5 one-digit numbers 0-9 on it. (with no digit repeating...
In a lottery, you pick 2 digits (from 0-9) in order, but the digits may not be repeated. A lottery ticket costs $1, and you win $40 if your ticket matches the winning numbers. What is the expected value of playing the lottery? Show your work.
In a lottery game, the jackpot is won by selecting five different whole numbers from 1 through 38 and getting the same five numbers (in any order) that are later drawn. In the Pick 4 game, you win a straight bet by selecting four digits (with repetition allowed), each one from 0 to 9, and getting the same four digits in the exact order they are later drawn. The Pick 4 game returns $5 comma 000 for a winning $1...
11.In a lottery game, the jackpot is won by selecting six different whole numbers from 1 through 38 and getting the same six numbers (in any order) that are later drawn. In the Pick 3 game, you win a straight bet by selecting three digits (with repetition allowed), each one from 0 to 9, and getting the same three digits in the exact order they are later drawn. The Pick 3 game returns $500 for a winning $1 ticket. Complete...
In a lottery game, the jackpot is won by selecting four different whole numbers from 1 through 38 and getting the same four numbers (in any order) that are later drawn. In the Pick 5 game, you win a straight bet by selecting five digits (with repetition allowed), each one from 0 to 9, and getting the same five digits in the exact order they are later drawn. The Pick 5 game retuns $50,000 for a winning $1 ticket. Complete...
(a) If your life plan is to buy one lottery ticket every day for 5 days a week, 50 weeks a year for the next 50 years, where on any lottery ticket you have a one in 500,000,000 chance of winning the jackpot, what is the probability you will win the jackpot at least once in your lifetime? Hint: Let Wi be the event you win the jackpot with the ith lottery ticket. Assume these are independent. (b) (continued) Buying...
Many states have a lottery game, usually called Pick-4, in which you pick a 4-digit number (for instance, 3129). During the lottery drawing, there are four bins each containing balls labeled 0 through 9. One ball is drawn at random from each bin to select the winning lottery number . a. If you buy one ticket with one 4-digit number, what is the probability that you will win this game? b. What is the probability that the 4-digit number drawn...
In a certain lottery, you must select 5 numbers (in any order) out of 33 correctly to win. a. How many ways can 5 numbers be chosen out of 33 numbers? b. You purchase one lottery ticket. What is the probability of winning?
If you buy a lottery ticket in 50 lotteries, in each of which your chance of winning a prize is 1/100, what is the (approximate) probability that you will win a prize? A.) at least once? B.) exactly once? C.) at least twice? D.) How many times do you expect to win?
A lottery ticket costs $2 and has a random 5-digit number. The payoff depends on the largest number of repeated digits. There is no prize if no digit is repeated. The prize is $2 if some digit is repeated exactly twice, $5 if a digit is repeated exactly 3 times, $10 if a digit is repeated exactly 4 times, and $1000 if a digit is repeated exactly 5 times. Let X be the net earning in playing the game. a)...
Many states in U.S.A have a lottery game, usually called a Pick-4, in which you pick a four-digit number such as 7359. During the lottery drawing, there are four bins, each containing balls numbered 0 through 9. One ball is drawn from each bin to form the four-digit winning number.a. You purchase one ticket with one four-digit number. What is the probability that you will win this lottery game? (2 marks)b. There are many variations of this game. The primary...