Pennsylvania has a lottery entitled Pick 4. To win, a player must correctly match four digits from

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Pennsylvania has a lottery entitled “Pick 4.” To win, a player must correctly match four digits from a daily lottery in which four digits are selected.

Question #1 – What is the probability of winning if you play just one number?

Question #2 - In the Pick 4 lottery, for a bet of $100, the payoff is $5000. What is the value of winning? Is it worth it?

Related Book For answer-question

Project management

ISBN: 978-0273704324

4th Edition

Authors: Harvey maylor

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Posted Date: Jan 15, 2021 08:33 AM

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Pennsylvania has a lottery entitled Pick 4. To win, a player must correctly match four digits from

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Ans 1 total number of outcome of 4 digits 10 ... View the full answer

Project management

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