Re: probability question
- From: "\"Luis A. Afonso\"" <licas_@xxxxxxxxxxx>
- Date: Sun, 26 Feb 2006 16:32:16 EST
Andrew said : ***I do not understand the question***
The bill must be filled with FIVE numbers. It is not?
What numbers are they?
________1 to N______(I suppose).
What N?
(N is the maximum number allowed to be chosen).
You DO NOT answered my question.
What is N ? 64, for instance?
Two remarks: the chance to have a 200$ prize is only .0006 or .006 ?.
You did not say that you whish to know the NET PROFIT (to each kind of prizes a 1$ was subtracted because it was expended to buy the bill, as you rightly said).
My evaluations are:
______net profit = 0.4942$
______(199 * .0006 + 19 * .0121 + 1 * .0849)
_______gross = 0.5918$
______(200 * .0006 + 20 * .0121 + 2 * .0849)
You must repeat the calculations: take care that the values you input the calculator are the right ones.
________licas (Luis A. Afonso)
.
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