A recent lottery collected $66 227 391 selling tickets at $1.50 each. The prizes were as follows:

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a) What is the probability of winning a prize in this lottery? Show detailed calculations. b) What is the expected profit per ticket? Show detailed calculations.

Posted Date: May 18, 2024 03:14 PM

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A recent lottery collected $66 227 391 selling tickets at $1.50 each. The prizes were as follows:

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