subject
Business, 02.03.2020 20:35 spazzinchicago

"3. In a state’s Pick 3 lottery game, you pay $1.34 to select a sequence of three digits (from 0 to 9), such as 900. If you select the same sequence of three digits that are drawn, you win and collect $ 279.56. a. How many different selections are possible? b. What is the probability of winning? c. If you win, what is your net profit? d. Find the expected value. e. If you bet, $1.34 in a certain state’s Pick 4 game, the expected value is -$ 1.06. Which is better, a $ 1.34 bet in the Pick 3 game or $ 1.34 bet in the Pick 4 game?"

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 09:00
How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?
Answers: 2
question
Business, 22.06.2019 16:10
Answer the following questions using the banker’s algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
question
Business, 22.06.2019 18:00
When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?
Answers: 1
question
Business, 22.06.2019 20:00
Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answers: 2
You know the right answer?
"3. In a state’s Pick 3 lottery game, you pay $1.34 to select a sequence of three digits (from 0 to...
Questions
question
Mathematics, 29.11.2021 23:50
question
Health, 29.11.2021 23:50
Questions on the website: 13722363