SOLUTION: The Ohio lottery has a game called Pick 4 where a player pays $2 and picks a four-digit number. If the four numbers come up in the order you picked, then you win $2000. What is you

Question 1178010: The Ohio lottery has a game called Pick 4 where a player pays $2 and picks a four-digit number. If the four numbers come up in the order you picked, then you win $2000. What is your expected value? Round to the nearest cent, if necessary.
The expected value is
Answer by robertb(5830) (Show Source): You can put this solution on YOUR website!
If repetition of digits is allowed, then you expect to gain/lose
.
If repetition of digits is not allowed, then you expect to gain/lose
, to the nearest cent.
So however you select the four digits, on average you lose in this lottery!
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