Let us assume that the probability of winning a lottery ticket is 5x10-6. Find the expected...
Let us assume that the probability of winning a lottery ticket is 5x10-6. Find the expected number of tickets you need to buy to win the lottery.
Homework Answers
here as we know that expected number of tickets you need to buy to win the lottery =1/p
=1/(5*10-6)=0.2*106 =200000
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Let us assume that the probability of winning a lottery ticket
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