Question: Solve using R Programming. Consider an easy pick 3 lottery game, where you simply pick 3 numbers (could be repeating). A drawing is done, and
Solve using R Programming.
Consider an easy pick 3 lottery game, where you simply pick 3 numbers (could be repeating). A drawing is done, and if you perfectly match the drawn number, you win $500. Suppose the game costs $1 to play. Taking into account the cost to play the game, what are your expected earnings in the long run?
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