In a certain state's lottery, 47 balls numbered 1 through 47 are placed in a machine and 10 of them are drawn at random. If the 10 numbers drawn match the numbers that a player had chosen, the player wins $1,000,000. If they match 9 numbers, then win $1,000. It costs $8 to buy a ticket. Find the expected value. 7.99 Round answer to two decimal places.
In a certain state's lottery, 47 balls numbered 1 through 47 are placed in a machine and 10 of them are drawn at random. If the 10 numbers drawn match the numbers that a player had chosen, the player wins $1,000,000. If they match 9 numbers, then win $1,000. It costs $8 to buy a ticket. Find the expected value. 7.99 Round answer to two decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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