Question: Repeat the preceding exercise for a lottery with 6 numbers selected from 1 to 50. a. What is the probability of winning with one ticket?

Repeat the preceding exercise for a lottery with 6 numbers selected from 1 to 50.

a. What is the probability of winning with one ticket?

b. What should be the winning prize if you want to average a profit of 50%, which is common for lotteries?

c. Would this lottery have much appeal?

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