Mathematics, 04.06.2020 05:57 awesomegrill
In a lottery​ game, the jackpot is won by selecting five different whole numbers from 1 through 37 and getting the same five 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 returns ​$50,000 for a winning​ $1 ticket. Complete parts​ (a) through​ (c) below:a. What is the probability of winning a jackpot in this​ game? ​P(winning a jackpot in this ​game)= b. 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. What is the probability of winning this​ game? ​P(winning the Pick 55​game)= c. The Pick 5 game returns ​$50,000 for a winning​ $1 ticket. What should be the return if the lottery organization were to run this game for no​ profit? ​
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In a lottery​ game, the jackpot is won by selecting five different whole numbers from 1 through 37...
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