we, and if the number is selected that day, then the player wins $470 (this means the player's profit is The player chooses a three-digit number between 000 and 9 $2= $468). If the player buys 9 chances on 9 different numbers, what is the expected value for the player? is an expected of $ an integer or a decimal.)

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 that it costs $2 to play a state's daily number. The player chooses a three-digit number between 000 and 999,
inclusive, and if the number is selected that day, then the player wins $470 (this means the player's profit is
$470-$2=$468). If the player buys 9 chances on 9 different numbers, what is the expected value for the player?
There is an expected
of $
(Type an integer or a decimal.)
….….
Transcribed Image Text:Assume that it costs $2 to play a state's daily number. The player chooses a three-digit number between 000 and 999, inclusive, and if the number is selected that day, then the player wins $470 (this means the player's profit is $470-$2=$468). If the player buys 9 chances on 9 different numbers, what is the expected value for the player? There is an expected of $ (Type an integer or a decimal.) ….….
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