STATISTICS HELP! The probability of picking the winning 4-digit number in a Pick 4 lottery is 1/10,000. ?

The probability of picking the winning 4-digit number in a Pick 4 lottery is 1/10,000. Each play of the lottery is independent of the next play.

(a) If you take a very large random sample of purchased lottery tickets, about 0.01% of the tickets will be winners. TRUE or FALSE?

(b) If 10,000 people play the Pick 4 lottery, exactly 1 person will win the lottery. TRUE or FALSE?

(c) The winning number in a Pick 4 lottery was 1234 two days in a row, therefore the likelihood of this number being picked again is much lower due to the Law of Averages. TRUE or FALSE?

2 Answers

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  • 1 month ago
    Favorite Answer

    False

    False

    False

  • Anonymous
    1 month ago

    Your homework help does not belong in goddman personal finance. DISHONEST CHEATER.

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