The Florida lottery has a game called Pick 4 where a player pays 1 and...
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The Florida lottery has a game called Pick 4 where a player pays 1 and then picks a sequence of four numbers 0 9 e g 1234 0389 9020 If the four numbers come up in the order you picked then you win 3800 a Write the probability distribution for a player s winnings Fill in the table below Enter the left column values from smallest to largest Round solutions to four decimal places if necessary P x I b What are your expected winnings Round the solution to two decimal places since this value is interpreted as dollars E x c Which of the following is the correct interpretation of the expected winnings Select an answer
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