A lottery ticket costs $2.You play by selecting five numbers between 1 and 10 ...

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A lottery ticket costs $2.You play by selecting five numbers between 1 and 10.Assume that the only pay out (the only way to win)is for matching all five numbers correctly and in order. How big must the payout be in order for buying a ticket to make financial sense?

    • 8 years ago
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    There are P(10, 5) ways of choosing 5 numbers out of numbers 1 to 10 in order ...
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