Essay
In the Texas Pick 3 Lottery, you can bet $1 by selecting the exact order of three digits between 0 and 9 inclusive,
so the probability of winning is f the same three numbers are draw in the same order, you collect $500,
so your net profit is $499. Find the actual odds against winning and the payoff odds. The website indicates that
the odds are 1:1000 for this bet. Is this an accurate description?
Correct Answer:
Verified
The actual odds against winning is 999:1...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q22: The probability of a randomly selected car
Q53: Find the indicated probability.<br>-The manager of
Q54: Find the indicated probability.<br>-Find the probability
Q55: "It will definitely turn dark tonight."<br>A) 1<br>B)
Q56: Find the indicated probability.<br>-A class consists
Q59: Find the indicated probability. Express your
Q60: Find the indicated probability.<br>-100 employees of a
Q61: Find the indicated probability.<br>-Refer to the table
Q62: Answer the question, considering an event to
Q63: Refer to the table which summarizes