1. You receive another question asking how the overall probability of winning any prize in the Megaball lottery is determined (Note: the overall probability of winning any prize in the Megaball lottery is approximately 1/37). Write an explanation that answers this question and include any probability formulas that justify your explanation

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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7:03 1
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•..
You and the other members of your
group work for the company that runs the
Megaball lottery. Megaball is a lottery game in
which five white balls are chosen from a drum
containing 55 balls and one red ball is chosen
from a drum containing 42 balls. To win the
jackpot, a player must match all five white
balls and the red ball. Other winners and their
prizes are shown in the table below.
Match
Prize
5 white, 1 red
Jackpot
5 white
$100,000
4 white, 1 red
$5,000
4 white
$100
3 white, 1 red
$100
3 white
$7
2 white, 1 red
$7
1 white, 1 red
$4
1 red
$3
< >
Transcribed Image Text:7:03 1 1 Search •.. You and the other members of your group work for the company that runs the Megaball lottery. Megaball is a lottery game in which five white balls are chosen from a drum containing 55 balls and one red ball is chosen from a drum containing 42 balls. To win the jackpot, a player must match all five white balls and the red ball. Other winners and their prizes are shown in the table below. Match Prize 5 white, 1 red Jackpot 5 white $100,000 4 white, 1 red $5,000 4 white $100 3 white, 1 red $100 3 white $7 2 white, 1 red $7 1 white, 1 red $4 1 red $3 < >
1. You receive another question asking
how the overall probability of winning
any prize in the Megaball lottery is
determined (Note: the overall
probability of winning any prize in the
Megaball lottery is approximately 1/37).
Write an explanation that answers this
question and include any probability
formulas that justify your explanation
Transcribed Image Text:1. You receive another question asking how the overall probability of winning any prize in the Megaball lottery is determined (Note: the overall probability of winning any prize in the Megaball lottery is approximately 1/37). Write an explanation that answers this question and include any probability formulas that justify your explanation
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