The Ohio lottery has a game called Pick 4 where a player pays $1 and picks a four-digit number. If the four numbers come up in the order you picked, then you win $2700.
a) Write the probability distribution for a player's winnings.
Fill in the table below.
For the computer to grade this one correctly make sure that your X values are from
smallest to largest.
х
P(X)
b) What are your expected winnings?
Round final answer to 2 decimal places. Put correct units in the second box.
c) Which of the following is the correct interpretation of the expected winnings?