ume there is a national lottery and the winning ticket is worth $10 million. One winning ticket will be selected. If there are 275 million tickets sold, what is the ce that a buyer of one ticket will have the winning ticket? chance the buyer will have the winning ticket is e an integer or a simplified fraction.)

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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Assume there is a national lottery and the winning ticket is worth $10 million. One winning ticket will be selected. If there are 275 million tickets sold, what is the
chance that a buyer of one ticket will have the winning ticket?
.....
The chance the buyer will have the winning ticket is
(Type an integer or a simplified fraction.)
Transcribed Image Text:Assume there is a national lottery and the winning ticket is worth $10 million. One winning ticket will be selected. If there are 275 million tickets sold, what is the chance that a buyer of one ticket will have the winning ticket? ..... The chance the buyer will have the winning ticket is (Type an integer or a simplified fraction.)
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