SOLUTION: New York State's "Quick Draw" lottery moves right along. Players choose between one and 10 numbers from the range one to 80; 20 winning numbers are displayed on a screen every four
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Question 1047176: New York State's "Quick Draw" lottery moves right along. Players choose between one and 10 numbers from the range one to 80; 20 winning numbers are displayed on a screen every four minutes. If you choose just one number, your probability of winning is 20/80, or 0.25. Lester plays one number eight times as he sits in a bar. What is the probability that all eight bets lose? (Round your answer to four decimal places.)
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
New York State's "Quick Draw" lottery moves right along. Players choose between one and 10 numbers from the range one to 80; 20 winning numbers are displayed on a screen every four minutes. If you choose just one number, your probability of winning is 20/80, or 0.25. Lester plays one number eight times as he sits in a bar. What is the probability that all eight bets lose? (Round your answer to four decimal places.)
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If P(win) = 0.25, P(lose) = 0.75
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Since the game results are independent,
P(lose 8 games) = 0.75*8 = 0.1001
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Cheers,
Stan H
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