Ask Question
9 October, 21:48

17. Suppose a lottery ticket costs $1 and the probability that a holder will win nothing is 90%. What must the jackpot be for this to be a fair bet?

+3
Answers (1)
  1. 10 October, 01:11
    0
    10 dollars

    Step-by-step explanation:

    That would make sense if $1 is 10 percent meaning 1/10 people have a chance of winning ...
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “17. Suppose a lottery ticket costs $1 and the probability that a holder will win nothing is 90%. What must the jackpot be for this to be a ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers