SOLUTION: The table shows the prizes and probabilities of winning (on a single $1 ticket) for a particular state lottery. column chart ( (Prize (dollars) Probability) (9 million (ja

Algebra ->  Probability-and-statistics -> SOLUTION: The table shows the prizes and probabilities of winning (on a single $1 ticket) for a particular state lottery. column chart ( (Prize (dollars) Probability) (9 million (ja      Log On


   



Question 1195765: The table shows the prizes and probabilities of winning (on a single $1 ticket) for a particular state lottery.
column chart ( (Prize (dollars) Probability)
(9 million (jackpot) 1 in 76,275,360)
(150,000 (1 in 2,179,296)
5000 (1 in 339,002)
150 (1 in 9686)
100 (1 in 7705)
5 (1 in 220)
2 (1 in 102 )
1 (1 in 62)
How much would you expect to win or lose if you bought one $1 ticket every day for a year? Round to the nearest dollar.

Answer by ikleyn(52810) About Me  (Show Source):
You can put this solution on YOUR website!
.

It was solved once many years ago at this forum.

See the link

https://www.algebra.com/algebra/homework/Probability-and-statistics/Probability-and-statistics.faq.question.324996.html