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rec.puzzles |
| By the way, since the odds of getting all six right in any order are 1 What is the general equation to calculate the expected value that In other words, calculate the expected value of a $1 ticket given Assume that everyone picks randomly or that you pick your ticket Bob (b...@gibdo.engr.washington.edu)
| in 15,890,700, a ticket is worth more than one dollar only if the
| jackpot goes above $15,890,700. (And this is true only if no one else
| holds the same number.)
takes the number of people playing and the possibility of sharing
the prize into account?
a prize of $P, where n numbers (6 in this case) are chosen out of
a possible N numbers (50 in this case) and there are m people
playing.
randomly (does it matter?).
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