document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1118129>Question 1118129</A>: <I><SPAN STYLE=\"word-break: break-all;\"> as a new years gift one state mailed residents coupons for one free lottery ticket. to win, you must correctly guess all five numbers from a pool of 20 numbers. suppose the payoff is $5,000,000. what is the expected value of a free lottery ticket? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #733488 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=733488\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> probability is (5/20)(4/19)(3/18)(2/17)(1/16)=0.000064<BR>\n" );
document.write( "Expected value is p*value=$322.50 </SPAN>\n" );
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