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Business, 02.12.2019 23:30 3mory2006p78jan

In a certain state's lottery, 45 balls numbered 1 through 45 are placed in a machine and seven of them are drawn at random. if the seven numbers drawn match the numbers that a player had chosen, the player wins $1,000,000. in this lottery, the order in which the numbers are drawn does not matter.

compute the probability that you win the million-dollar prize if you purchase a single lottery ticket. write your answer as a reduced fraction.

p p (win) = a single lottery ticket costs $2. compute the expected value, to the state, if 10,000 lottery tickets are sold. round your answer to the nearest dollar.

answer: $ a single lottery ticket costs $2. compute the expected value, to you, if you purchase 10,000 lottery tickets. round your answer to the nearest dollar. answer: $

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