For a daily lottery, a person selects a three-digit number. If the person plays for $1, she
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For a daily lottery, a person selects a three-digit number. If the person plays for $1, she can win $500. Find the expectation. In the same daily lottery, if a person boxes a number, she will win $80. Find the expectation if the number 123 is played for $1 and boxed. (When a number is “boxed,” it can win when the digits occur in any order.)
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E X X PX 500 1 1000 100 050 If 123 is boxed EX 49...View the full answer
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Sultan Ghulam Dastgir
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