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The Florida lottery game Lotto is played by choosing sixnmbers from 1 to 53. If

ID: 3336850 • Letter: T

Question

The Florida lottery game Lotto is played by choosing sixnmbers from 1 to 53. If these numbers match the ones drawn by the lottery commission, you win the jackpot. The table below shows the probability of winning a $22,000,000 jackpot, along with the amounts and probabilities of other prizes. Assuming that the jackpot was not split among multiple winners, find the expectation for buying a $1 lottery ticket. Round to the nearest tenth of a cent. (A calculator is recommended.) 113 x cents Match 6 522,000,000 Match 5 $4173 Match 4 567 Match 3 $5 22,957,480 141 11,478,740 3243 4,591,496 16,215 1,147,874 Need Help?Read It Talk to Tutor

Explanation / Answer

from above expectation =112.8 cents

please revert (also expected value of game =12.8 cents )

x P(x) xP(x) 22000000 0.0000000436 0.958293332 4173 0.0000122836 0.051259372 67 0.000706306 0.047322485 5 0.014126115 0.070630574 total 1.127505763
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