In a state lottery, there are 14 finalists who are eligible for the Big Money Draw....
In a state lottery, there are 14 finalists who are eligible for
the Big Money Draw. In how many ways can the first, second, and
third prizes be awarded if no ticket holder can win more than one
prize?
________ways
Homework Answers
In 14C3 ways can the first , second adn third prizes be awarded
if no ticket holder can win more than pne prize
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In a state lottery, there are 14 finalists who are eligible for
the Big Money Draw....
We have a lottery with three prizes. Two of them are $30 and the grand is...
We have a lottery with three prizes. Two of them are $30 and the grand is $200. The total number of tickets is 70 and one for each person. No one can win more than a prize. When the tickets are pulled, the first two prizes of $30 are awarded, then the grand prize. a) how many ways we can award the prizes? b) Suppose a person has one ticket, what's the probability of winning any prize? c) If a...
A lottery offers one S1000 prize, one S500 prize, two $300 prizes, and five $100 prizes....
A lottery offers one S1000 prize, one S500 prize, two $300 prizes, and five $100 prizes. One thousand tickets are sold at S6 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems The expectation if a person buys three tickets is S
A lottery offers one $900 dollar prize, one $700 prize, three $300 prizes, and five $100...
A lottery offers one $900 dollar prize, one $700 prize, three $300 prizes, and five $100 prizes. One thousand tickets are sold at $5 each. Find the expectation if a person buys two tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal place for currency problems. The expectation if a person buys two tickets is $_______?
A lottery has a $10 000 000 grand prize, a $500 000 second prize, and ten...
A lottery has a $10 000 000 grand prize, a $500 000 second prize, and ten $50 000 third prizes. A ticket costs $5, and 4 000 000 tickets were sold. a) What is the expected value of each ticket? b) Using the results of this question and of Example 3, are lottery tickets a good investment? c) How could the lottery be adjusted to make buying a ticket more attractive? Example 3: Expected Value A hospital is having a...
Question 6 of 29 (1 point) 5.2 Section Exercise A lottery offers one $900 prize, one...
Question 6 of 29 (1 point) 5.2 Section Exercise A lottery offers one $900 prize, one $500 prize, three $300 prizes, and five $100 prizes. One thousand tickets are sold at $7 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. The expectation if a person buys three tickets is
Question 4 of 4 (1 point) 5.2 Section Exercise A lottery offers one $900 prize, two...
Question 4 of 4 (1 point) 5.2 Section Exercise A lottery offers one $900 prize, two $500 prizes, two $300 prizes, and four $200 prizes. One thousand tickets are sold at $5 each. Find the expectation if a person buys four tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. The expectation if a person buys four tickets is...
Math Statistics
Lottery Prizes A lottery offers one $900 prize, two $700 prizes, three $300 prizes, and five $200 prizes. One thousand tickets are sold at $6 each. Find the expectation if a person buys four tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. The expectation if a person buys four tickets is dollar(s).
Lottery: I buy one of 400 raffle tickets for $10. The sponsors then randomly select 1...
Lottery: I buy one of 400 raffle tickets for $10. The sponsors then randomly select 1 grand prize worth $800, then 2 second prizes worth $300 each, and then 3 third prizes worth $100 each. The selections are made without replacement. (a) Complete the probability distribution for this raffle. Give your probabilities as a decimal (rounded to 4 decimal places) or as a fraction. Outcomes P(x) Win Grand Prize Win a Second Prize Win a Third Prize Win Nothing (b)...
ak uhd ttreprinted by permission of Npaper Enterprise Association, Inc. 10. Most lotteries include several prizes...
ak uhd ttreprinted by permission of Npaper Enterprise Association, Inc. 10. Most lotteries include several prizes besides the jackpot. For example, the current Florida lottery gives second prizes to tickets that match 5 of the 6 winning numbers, third prizes to those that match 4 of the 6, and fourth prizes to those that match 3 of the 6 a. How many different ways are there to receive a second prife (Hint: The ticket must match 5 of the 6...
6) At a Thanksgiving party there is are 3 door prizes given away at the end...
6) At a Thanksgiving party there is are 3 door prizes given away at the end of the evening There are 20 people attending the party Determine the following How many ways different ways can the 3 prizes be awarded if the first prize is an I-pod, the second prize is a free family dinner to an Italian restaurant, and the third prize is $25 gift card to Starbucks. How many different ways can the 3 prizes be award if...
A lottery offers one S1000 prize, one S500 prize, two $300 prizes, and five $100 prizes. One thousand tickets are sold at S6 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems The expectation if a person buys three tickets is S
A lottery has a $10 000 000 grand prize, a $500 000 second prize, and ten $50 000 third prizes. A ticket costs $5, and 4 000 000 tickets were sold. a) What is the expected value of each ticket? b) Using the results of this question and of Example 3, are lottery tickets a good investment? c) How could the lottery be adjusted to make buying a ticket more attractive? Example 3: Expected Value A hospital is having a...
Question 6 of 29 (1 point) 5.2 Section Exercise A lottery offers one $900 prize, one $500 prize, three $300 prizes, and five $100 prizes. One thousand tickets are sold at $7 each. Find the expectation if a person buys three tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. The expectation if a person buys three tickets is
Question 4 of 4 (1 point) 5.2 Section Exercise A lottery offers one $900 prize, two $500 prizes, two $300 prizes, and four $200 prizes. One thousand tickets are sold at $5 each. Find the expectation if a person buys four tickets. Assume that the player's ticket is replaced after each draw and that the same ticket can win more than one prize. Round to two decimal places for currency problems. The expectation if a person buys four tickets is...
ak uhd ttreprinted by permission of Npaper Enterprise Association, Inc. 10. Most lotteries include several prizes besides the jackpot. For example, the current Florida lottery gives second prizes to tickets that match 5 of the 6 winning numbers, third prizes to those that match 4 of the 6, and fourth prizes to those that match 3 of the 6 a. How many different ways are there to receive a second prife (Hint: The ticket must match 5 of the 6...
6) At a Thanksgiving party there is are 3 door prizes given away at the end of the evening There are 20 people attending the party Determine the following How many ways different ways can the 3 prizes be awarded if the first prize is an I-pod, the second prize is a free family dinner to an Italian restaurant, and the third prize is $25 gift card to Starbucks. How many different ways can the 3 prizes be award if...
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