In a state's Pick 3 lottery game, you pay $1.36 to select a sequence of three digits (from 0 to 9), such as 544. If you select the same sequence of three digits that are drawn, you win and collect $324.78. Complete parts (a) through (e). a. How many different selections are possible? 1000 b. What is the probability of winning? 0.001 (Type an integer or a decimal.) c. If you win, what is your net profit? $ 323.42 (Type an integer or a decimal.) d. Find the expected value. (Round to the nearest hundredth as needed.)

In a state's Pick 3 lottery game, you pay $1.36 to select a sequence of three digits (from 0 to 9), such as 544. If you select the same sequence of three digits that are drawn, you win and collect $324.78. Complete parts (a) through (e). a. How many different selections are possible? 1000 b. What is the probability of winning? 0.001 (Type an integer or a decimal.) c. If you win, what is your net profit? $ 323.42 (Type an integer or a decimal.) d. Find the expected value. (Round to the nearest hundredth as needed.)

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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