The French national lottery works as follows. Six numbers from the range 0 to 49 are chosen
Question:
The French national lottery works as follows. Six numbers from the range 0 to 49 are chosen at random. If you have correctly guessed all six you win the first prize. What are your chances of winning if you are only allowed to choose six numbers? A single entry like this costs one euro. For 210 euros you can choose ten numbers and you win if the six selected numbers are among them. Is this better value than the single entry?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Statistics For Economics Accounting And Business Studies
ISBN: 978027368308
4th Edition
Authors: Michael Barrow
Question Posted: