Mathematics, 30.03.2020 21:15, michellebreshears451
A scratch off lottery ticket cost 5 dollars. if the ticket wins, it can be redeemed for 100 dollars. If the ticket loses, the ticket is worthless. According to the lottery’s website, 4% of all tickets are winners. The expected value of buying one ticket is -1 dollar
Answers: 2
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A scratch off lottery ticket cost 5 dollars. if the ticket wins, it can be redeemed for 100 dollars....
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