SOLUTION: Suppose that in a fund raising lottery, contestants are asked to choose five letters without repeating any letters in their choices. Suppose that a ticket costs $1.00. How much wou

Question 503586: Suppose that in a fund raising lottery, contestants are asked to choose five letters without repeating any letters in their choices. Suppose that a ticket costs $1.00. How much would someone have to spend to ensure that she purchased a winning ticket?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Suppose that in a fund raising lottery, contestants are asked to choose five letters without repeating any letters in their choices. Suppose that a ticket costs $1.00. How much would someone have to spend to ensure that she purchased a winning ticket?
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# of unique sets of 5 letters = 26C5 = 65780
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To assure having the winning ticket: $65780
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Cheers,
Stan H.
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