Question

This Question: 1pt Time Remaining: 00 5111 Sum Test of 13 (complete This Test: 13 pts possible In a state's Pick 3 lottery game, you may $1 19 to select a sence of the digits from such a 100 you select the credits that you wance 582675 Complete parts through e) How many different selections are possible? b. What is the probability of Type an integer or a decimal) c. If you wn, what is your ne prolt? Type an integer or a decimal) sound to the nearest het as needed) e. If you but $1 19 in a certain state's Pick & game, the spectad valis - 5036 Which is a $1 19 in the Pick gamera 51 19 in the Pick 4 game? Explan O A The Pick 3 game is a better but because it has a larger expected value

Answer 1

Colution: 10X10 X 10 = 1ooo a) Total selection ooool by pfwimming - 1000 326.75 - 1:19 o Net Net profit = $ 325.56 d) Elx) = EXP(x) = (0.001)* 3 25.56 + (-1019Jxo.999 -0.86 both game Because somme e Bath are Expected value IS same