(5) In the New Jersey Pick 4 lottery a player can buy a $0.50 "Straight" ticket by choosing four digits (0-9, repetition is allowed). Four digits are chosen at random, and if the player's four digits are chosen (in the same order) the player wins $2500. If a player purchases a single ticket what is their probability of winning?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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(5) In the New Jersey Pick 4 lottery a player can buy a $0.50 "Straight" ticket by choosing
four digits (0-9, repetition is allowed). Four digits are chosen at random, and if the
player's four digits are chosen (in the same order) the player wins $2500. If a player
purchases a single ticket what is their probability of winning?
Transcribed Image Text:(5) In the New Jersey Pick 4 lottery a player can buy a $0.50 "Straight" ticket by choosing four digits (0-9, repetition is allowed). Four digits are chosen at random, and if the player's four digits are chosen (in the same order) the player wins $2500. If a player purchases a single ticket what is their probability of winning?
Expert Solution
Step 1

Given:

Number of digits chosen = 4

Total number of digits (0 to 9) = 10    

Total number of ways of choosing 4 digits  = 104

 

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