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Elementary Statistics | 12th Edition | ISBN: 9780321836960 | Authors: Mario F. Triola
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In Exercises, express all probabilities as fractions.Maine

Chapter 4, Problem 19BSC

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QUESTION:

Problem 19BSC

 

In Exercises, express all probabilities as fractions.

Maine Lottery

a. In the Maine Megabucks game, you win the jackpot by selecting five different whole num bers from 1 through 41 and getting the same five numbers (in any order) that are later drawn. What is the probability of winning a jackpot in this game?

b. In the Maine Pick 4 game, you win a straight bet by selecting four digits (with repetition allowed) and getting the same four digits in the exact same order they are later drawn. What is the probability of winning this game?

c. The Maine Pick 4 game returns $5000 for a winning $1 ticket. What should be the return if Maine were to run this game for no profit?

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QUESTION:

Problem 19BSC

 

In Exercises, express all probabilities as fractions.

Maine Lottery

a. In the Maine Megabucks game, you win the jackpot by selecting five different whole num bers from 1 through 41 and getting the same five numbers (in any order) that are later drawn. What is the probability of winning a jackpot in this game?

b. In the Maine Pick 4 game, you win a straight bet by selecting four digits (with repetition allowed) and getting the same four digits in the exact same order they are later drawn. What is the probability of winning this game?

c. The Maine Pick 4 game returns $5000 for a winning $1 ticket. What should be the return if Maine were to run this game for no profit?

ANSWER:

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