A state offers two lottery games. Winone and PlayBall. Both games cost $2 per ticket.
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Mathematics, 11.02.2020 05:29 hi510hello
A state offers two lottery games. Winone and PlayBall. Both games cost $2 per ticket.
• In Winone the player picks a single letter from A to J and a single digit from 0 to 9. If both the letter and the digit match the letter and the
digit picked on that day, the player wins $150
• In Playball, the player picks a single letter from A to Tand a single digit from 0 to 9. If both the letter and the digit match the letter and the
digit picked on that day, the player wins $280.
If the cost of a Playball lottery ticket were changed to $1 and the prize to $250, what would the expected value be?
A $0.85
B5025
c. $025
D $0.75
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