week 7 math105 discussion

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Chamberlain University College of Nursing *

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Course

105

Subject

Statistics

Date

Apr 3, 2024

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docx

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3

Uploaded by ChancellorBeaver4019

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a) Explain the details of the lottery game you are presenting- what type, scratching or drawing, how many numbers ? The lottery game I am presenting is drawing-based. This means that players will select numbers, and then those numbers will be randomly drawn from a pool of numbers to determine the winners. Players will have the option to choose between different sets of numbers, with each set containing varying numbers of numbers to choose from. For example, one set may have players choose five numbers out of 50 numbers, while another may have players choose six numbers out of a pool of 60 numbers. Once players have selected their numbers, they will submit their tickets and wait for the drawing. The drawing will use a random number generator to ensure fairness and impartiality. After the drawing, the winning numbers will be announced, and players with tickets that match the winning numbers will be declared the winners. The prizes will vary depending on the specific numbers chosen and the number of players with matching tickets. Players can also choose to play multiple sets of numbers, increasing their chances of winning. However, this will require purchasing numerous tickets. This lottery game offers players an exciting and fair chance to win big prizes by testing their luck and selecting the correct numbers. b) Can you calculate the probability of winning the jackpot and various consolation prizes in that game? Explain the math and outcomes . Yes, it is possible to calculate the probability of winning the jackpot and consolation prizes in a lottery game. To determine the probability of winning the jackpot, we must first calculate the possible combinations for the chosen set of numbers. For example, if players choose six numbers out of a pool of 60, the unlimited possible combinations would be 60 choose 6, which equals 50,063,860. Next, we need to determine the number of winning combinations. For simplicity, let's assume there is only one winning combination for the jackpot. This means the probability of winning the jackpot would be 1 out of 50,063,860, approximately 0.000002%. As for the consolation prizes, we would need to calculate the number of winning combinations for each prize level and then divide it by the total number of possible combinations. For example, if there are three consolation prizes, with five matching numbers, four matching numbers, and three matching numbers, the probabilities would be: - 5 matching numbers: 60 choose 5 = 5,461,512 combinations = 1 in 5,461,512 probability = approximately 0.000018%
- 4 matching numbers: 60 choose 4 = 3,838,380 combinations = 1 in 3,838,380 probability = approximately 0.000026% - 3 matching numbers: 60 choose 3 = 292,820 combinations = 1 in 292,820 probability = approximately 0.00034% Overall, the probability of winning a consolation prize in this example would be approximately 0.000384%. It's important to note that the actual probability of winning may vary depending on the specific rules and mechanics of the lottery game. Checking the odds and regulations before playing is always a good idea. c) Would they continue to play if people understood the mathematics involving probability and lottery? It is difficult to say whether people would continue to play the lottery if they fully understood the mathematics and probabilities involved. For some people, the excitement and hope of winning a large sum of money outweigh the slim chances of winning. Others may still choose to play for the social aspect of the entertainment value. However, for some individuals, understanding the probability and potential outcomes may encourage them to participate. Overall, each person's motivations for playing the lottery may vary, and it's ultimately a personal decision whether to continue playing. References : drawing-based lottery game is Euromillions, official website: https://www.euro-millions.com/ Key Terms Experiment: a planned operation carried out under controlled conditions. Trial: one repetition or instance of an experiment. Outcome: any possible result of an experiment.
Sample space: all possible outcomes of an experiment. Event: a subset of the the sample space. Probability: a measure of a particular event happening compared to all events in a sample space. Likelihood: an interpretation of how likely an event is to occur.
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