document.write( "Question 1135737: In a lottery game, a player picks six numbers from 1 to 27. If the player matches all six numbers, they win 30,000 dollars. Otherwise, they lose $1.\r
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document.write( "What is the expected value of this game? \n" );
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Algebra.Com's Answer #753435 by VFBundy(438) You can put this solution on YOUR website! Odds of winning: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Therefore, the odds of losing are: \n" ); document.write( " \n" ); document.write( "Expected value: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "So, the expected value of the game is about -$0.90. |