SOLUTION: Infinte Jackpot is a lottery game. 50 balls numbered 1 through 50 are placed in a machine and 4 of them are drawn at random. If the 4 numbers drawn match the numbers that a player
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Question 1155695: Infinte Jackpot is a lottery game. 50 balls numbered 1 through 50 are placed in a machine and 4 of them are drawn at random. If the 4 numbers drawn match the numbers that a player had chosen, the player wins $50,000. In this lottery, the order the numbers are drawn in doesn’t matter. It costs 5 dollars to play. Also, calculate the expected value of this game and can you show your steps on calculating the expected value. Answer by ikleyn(52775) (Show Source):