Mathematics, 10.06.2020 14:57 blackboy21
A state offers two lottery games, WinOne and PlayBall. Both games cost $2 per ticket.
In WinOne, the player picks a single letter from A to J and a single digit from 0 to 9. If both the letter and the digit match the letter and the digit picked on that day, the player wins $150.
In PlayBall, the player picks a single letter from A to T and a single digit from 0 to 9. If both the letter and the digit match the letter and the digit picked on that day, the player wins $280.
If the prize for WinOne were increased to $200 for matching both the letter and the digit, what would the expected value be?
Answers: 3
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A state offers two lottery games, WinOne and PlayBall. Both games cost $2 per ticket.
In WinOne, th...
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