QUESTION
A lotter has a grand prize of $9.000,000, 5 runner up prizes of
$285,000 each. 9 third-place prices of $17/000 each, and 13
consolation pries of 5300 each. If 30 million tickets are sold for
51 each, and the probability of any
winning is the same as that of any other winning, find the expected
return on a 51 ticket.
QUESTION A lotter has a grand prize of $9.000,000, 5 runner up prizes of $285,000 each. 9 third-place prices of $17/000
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answerhappygod
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QUESTION A lotter has a grand prize of $9.000,000, 5 runner up prizes of $285,000 each. 9 third-place prices of $17/000
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