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Business, 17.03.2020 02:57 kimloveswim

What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $10 million if the ticket contains the six winning numbers chosen from the set {1, 2, 3,…, 50} and the purchaser wins nothing otherwise?

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What is the expected value when a $1 lottery ticket is bought in which the purchaser wins exactly $1...
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