Mathematics, 07.12.2020 22:30 anaoliviahoy
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 T 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 $280. If the prize for WinOne were increased to $200 for matching both the letter and the digit, what would the expected value be? A. -$0.80 B. -$0.65 C. $0 D. $0.80
Answers: 1
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A state offers two lottery games, WinOne and PlayBall. Both games cost $2 per ticket. In WinOne, the...
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