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anonymous

  • 5 years ago

the daily lottery costs $1 to play. Bella must pick four digits in order from 0 to 9 and duplicates are allowed. If she wins the lottery. Determine whether the lottery is a fair game. If the fame is not fair, determine a price for playing the game that would make it fair. the expected value of the lottery is?

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  1. anonymous
    • 5 years ago
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    what does she win if she wins? here it is $50 for $1 so the expected value is -.5 or negative fifty cents.

  2. anonymous
    • 5 years ago
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    oops that is for the three digit number. not sure what it is for the 4 digit one.

  3. anonymous
    • 5 years ago
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    ?

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