A lottery consists of drawing 8 balls without replacement, Ask an Expert

Statistics

A lottery consists of drawing 8 balls without replacement from an urn containing balls numbered from 1 to 33. Players select 8 of the numbers, and win certain amounts of money if they match either 6, 7, or 8 of the numbers (matching in order is not necessary).

(a) How many ways are there to match all 8 numbers (remember order is not relevant)?

(b) How many ways are there to match exactly 7 numbers?

(d) What is the probability that a randomly selected lottery ticket will win mone

View complete question

Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9121444

Have any Question?Write your Review or question?

Related Questions in Statistics and Probability

To finance additional inventory arbutus ltd is considering

To finance additional inventory, Arbutus Ltd. is considering forgoing the cash discount on all of its purchases presently offered on terms of 2/10, net 45. No payments will be stretched. Annual purchases are $9.21 millio ...

A researcher records the following body mass index bmi

A researcher records the following body mass index (BMI) scores for a group of participants: 29.1 1.3 (M SD). Participants who score between 26 and 30 on this scale are categorized as overweight. What proportion of parti ...

Now assume that i am talking about a normally distributed

Now assume that I am talking about a normally distributed set of data: An IQ test. This IQ test has a mean of 100 and a standard deviation of 15. Find the following probabilities What is the probability that someone scor ...

The rate of inflation in year 1 is expected to be 14 year

The rate of inflation in year 1 is expected to be 1.4%, year two is 1.8%, and years three through five is expected to be 2%. Assume the real risk-free rate, r*, is 3% for all maturities. What should the yield to maturity ...

You paid cash for 1300 worth of stock a year ago today the

You paid cash for $1,300 worth of stock a year ago. Today the portfolio is worth $1,888. a. What rate of return did you earn on the investment? b. Now suppose that you bought the same stock but bought it on margin. The ...

1 the consultants estimated the required rate of return was

1. The consultants estimated the required rate of return was 13.635% 2. The Beta of Poorside's equity was 0.7, the market return was 20% and the risk-free rate was 12% 3. The interest rate on debentures was 13% per annum ...

Among 140 subjects with positive test results there are 25

Among 140 subjects with positive test? results, there are 25 false positive? results; among 152 negative? results, there are 22 false negative results. If one of the test subjects is randomly? selected, find the probabil ...

You are working with a moe of -4 and a confidence level of

You are working with a MOE of +/-4% and a confidence level of 95%. P and Q =.50, and your CPI is $25.00. The company you work for needs to make a decision as to whether they may need different advertising for men and wom ...

The risk-free rate is 20 in the fama-french model the

The risk-free rate is 2.0%. In the Fama-French model, the equity risk premium is 4.0%, the size premium is 2.0%, and the value premium is 2.8%. Glude Corp has a market beta of 1.20, a size beta of -0.30, and a value beta ...

Could you please explain this question for me pretty

Could you please explain this question for me? Pretty struggle with it right now. "The biggest four banks in Australia are too big to fail. With reference to financial system stability, critique this statement."

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Statistics and Probability Expert