Mathematics
Mathematics, 03.01.2022 14:00, kat1191

In the Big 4 lottery, for a bet of $100, the payoff is $5000. What is the expected value of winning if in order to win, a player must correctly match 4 digits from a
daily lottery in which 4 digits are selected? Is it worth playing?

answer
Answers: 1

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In the Big 4 lottery, for a bet of $100, the payoff is $5000. What is the expected value of winnin...

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