In a state's Pick 3 lottery game, you pay $1.31 to select a sequence of three digits (from 0 to 9), such as 133. If you select the same sequence of three digits that are drawn, you win and collect $444.95. Complete parts (a) through (e). a. How many different selections are possible? 1,000 b. What is the probability of winning? 0.001 (Type an integer or a decimal.) c. If you win, what is your net profit? $ 443.64 (Type an integer or a decimal.) d. Find the expected value. SRound to the nearest hundredth as needed.)

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Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.