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In the New York State Numbers lottery, you pay $1 and can bet that the sum of the numbers that come up is 13 .
In the New York State Numbers lottery, you pay $1 and can bet that the sum of the numbers that come up is 13 . The probability of winning is 0.095, and if you win, you win $5 , which is a profit of $2. If you lose, you lose $3. what is the EV to 2 decimal places
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Applied Linear Algebra
Authors: Peter J. Olver, Cheri Shakiban
1st edition
131473824, 978-0131473829
