In a lottery game, a player picks six numbers from 1 to 26. If the player matches all six numbers, they win 20,000 dollars. Otherwise, they lose $1. What is the expected value of this game? $

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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In a lottery game, a player picks six
numbers from 1 to 26. If the player matches
all six numbers, they win 20,000 dollars.
Otherwise, they lose $1.
What is the expected value of this game? $
Transcribed Image Text:In a lottery game, a player picks six numbers from 1 to 26. If the player matches all six numbers, they win 20,000 dollars. Otherwise, they lose $1. What is the expected value of this game? $
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