What is the probability of winning a 4/20 lottery game where 4 numbers are picked from a

Fantastic news! We've Found the answer you've been seeking!

Question:

What is the probability of winning a 4/20 lottery game where 4 numbers are picked from a range of 20?

Related Book For answer-question

Financial Institutions Management A Risk Management Approach

ISBN: 978-0071051590

8th edition

Authors: Marcia Cornett, Patricia McGraw, Anthony Saunders

See More Books

Posted Date: Nov 17, 2020 11:30 PM

See More Questions

What is the probability of winning a lottery in which you must choose 4 numbers from the number 1 through 15 A assuming that order is unimportant B assuming that the order matters
From Table 11A-1, what is the probability of a loan upgrade? A loan downgrade? The probability of an upgrade is 5.95% + 0.33% + 0.02% = 6.30%. The probability of a downgrade is 5.30% + 1.17% + 0.12%...
What is the probability of getting at least 1 black card in a 7-card hand dealt from a standard 52-card deck?
The following data were gathered to use in reconciling the bank account of Torres Company: Balance per bank ................................... $14,385 Balance per company records ...................
For each of the following, use Lagrange multipliers to find all extrema of f subject to the given constraints a) f(x, y) = x + y2 and x2 + y2 = 4 b) f(x, y) = x2 - 4xy + 4y2 and x2 + y2 = 1 c) f(x,...
The position versus time for a certain particle moving along the x axis is shown in Figure P2.3. Find the average velocity in the time intervals (a) 0 to 2 s, (b) 0 to 4 s, (c) 2 s to 4 s, (d) 4 s to...
Explain the purpose of the Dow Jones Sustainability Indices.
To help consumers in purchasing a laptop computer, Consumer Reports calculates an overall test score for each computer tested based on rating factors such as ergonomics, portability, performance,...
Government spending as a fiscal policy tool is used to: A) ?Decrease the national debt B) ?Directly stimulate economic activity by increasing demand C) ?Reduce inflation D) ?Lower interest rates
Successful completion of a construction project depends on the supply of materials and labor as well as the weather condition. Consider a given project that can be success fully completed if either...
On September 1 , 2 0 2 0 , Vicovaro SpA borrows 4 5 0 , 0 0 0 from Unidebit Bank, to be repaid one year later, on August 3 1 , 2 0 2 1 , plus 7 % interest. Journalize all the entries related to the...
Given a demand and supply curve as follows: P = -3Q+10 P = Q+4 Determine the change in equilibrium quantity if there is a change in the value of c of 0.2 and how about the graph changes . demand and...
A gift of land valued at $80,000 was given to Dorinda by her long-time friend, Justine.The land's original cost to Justine was $30,000. As a result of the transfer, Justine paid a gift tax of...
Explain how a company could (a) improve its credit rating withsuppliers after paying some late; (b) lower its cost of financing when the market interest rate has increased. (financial magmt)
What did you divide the debt (1,000) by in order to get 6.3% as your cost of debt?
Ball 1 (m = 65g) is rolling at 4.5 m/s [N35W] on a frictionless surface when it collides with ball 2 (m = 50 g) rolling at 2.0 m/s [S]. After the collision, ball 1 moves at 1.0 m/s [S]. Determine the...
The following information is for the fictitious nation Alpha: Working-age population = 1 million Labor force = 600,000 Number Employed = 570,000 Instructions: Enter your answers as percent values. a....
Select the correct answer for each of the following questions. 1. On December 31, 20X3, Saxe Corporation was merged into Poe Corporation. In the business combination, Poe issued 200,000 shares of its...
What are the factors that, in general, allow assets to be securitized? What are the costs involved in the securitization process?
Consider the case in which an investor holds a bond for a period of time longer than the duration of the bond, that is, longer than the original investment horizon. a. If interest rates rise, will...
Consider an FI that wishes to use bond options to hedge the interest rate risk in the bond portfolio. a. How does writing call options hedge the risk when interest rates decrease? b. Will writing...
Smart Manufacturing Systems Pty Ltds accountant recently prepared the following data from the companys accounting records for the year ended 30 June 2019. Factory overhead is applied at the rate of...
During the year ended 30 June 2019, Beautiful Bottles Pty Ltd incurred the following costs in connection with its production activities. Required (a) Calculate the relationship between factory...
Telecommunications company Toronto Ltd signed a 15year deal to sell capacity on its cable network to a rival company for $200 million. The deal was completed on the last day of Toronto Ltds financial...

What is the probability of winning a 4/20 lottery game where 4 numbers are picked from a

Question:

Expert Answer:

Since we have to pick 4 no out of ... View the full answer

Financial Institutions Management A Risk Management Approach

Students also viewed these accounting questions