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December 20, 2014

Homework Help: Math

Posted by Richone on Wednesday, September 28, 2011 at 8:30am.

California residents received coupons for free lotto tickets. In order to win the jackpot, you have to correctly guess all 6 numbers drawn from a pool of 36. What is the expected value of the free Lotto ticket if the jackpot is $8,000,000 and there is no splitting the prize?

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