Dr Nick

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About Dr Nick

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Teaching Since: May 2017
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  • MBA (IT), PHD
    Kaplan University
    Apr-2009 - Mar-2014

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  • Professor
    University of Santo Tomas
    Aug-2006 - Present

Category > Business & Finance Posted 17 Sep 2017 My Price 14.00

The game called Lotto sponsored

The game called Lotto sponsored by the Louisiana Lottery Commission pays its largest prize when a contestant matches all 6 of the 44 possible numbers. Assume there are 44 ping-pong balls each with a single number between 1 and 44. Any number appears only once, and the winning balls are selected without replacement.

Use the hypergeometric formula to find the probability of matching all 6 winning numbers. The lottery commission also pays if a contestant matches 4 or 5 of the 6 winning numbers. Hint: Divide the 44 numbers into two groups, winning numbers and nonwinning numbers.

Find the probability, again using the hypergeometric formula, for matching 4 of the 6 winning numbers

Find the probability of matching 5 of the 6 winning numbers.

Answers

Dr Nick
(4)
Status NEW Posted 17 Sep 2017 05:09 AM My Price 14.00

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