The expectation is -$_______.?

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The expectation is -$_______.?

For a daily lottery, a person selects a three-digit number. If the person plays for $1, she can win $556. If a person boxes a number, she will win $62. Find the expectation if the number 298 is played for $1 and boxed. (When a number is "boxed" it can win when the digits occur in any order.) Round your final answer to two decimal places.

2006-10-27 10:47:10 · 2 answers · asked by SALVE_1 1 in Science & Mathematics ➔ Mathematics

2 answers

The typical house edge on a state lottery is 46%.

46 cents of every dollar played is lost.

There is no expected profit.

2006-10-27 10:55:23 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Again !!!!!
I think you have to go for serious help in maths , you will get a great F , if you kebt the same

2006-10-27 18:12:08 · answer #2 · answered by Ayman 3 · 0⤊ 0⤋