Find the lottery-s expected profit per ticket
One state lottery has 500 prizes of $1, 75 prizes of $10, 15 prizes of $75, 5 prizes of $325, 2 prizes of $1250, and 1 prize of 3000. Assume that 22,000 lottery tickets are issues and sold for $1. What is the lottery's expected profit per ticket?
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In addition to making our forms easy to use we need to consider user privacy and the use of data. Do some web research on privacy and collecting user data and post a summary of the research, along with the link to the articles. What are some of the i
1 prize of 3000. Assume that 22,000 lottery tickets are issues and sold for $1. What is the lottery's expected profit per ticket?
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