Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 11 - Counting Methods and Probability Theory - 11.8 Expected Value - Exercise Set 11.8 - Page 756: 29

Answer

Doesn't make sense

Work Step by Step

Doesn't make sense, because the lottery is designed to result in a loss in the long run for the player.
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