Why a lottery ticket is a cheap source of fantasy about being wealthy

price of a lottery ticket
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The price of each ticket is $2 So I understand that the expected value is the average after a large number of trialstickets purchased So how

The fair ticket prices are all between 19 and 27 cents, miniscule compared to the price of a ticket, as well as the expected value of the

price of nokia phones in nigeria slot lottery ticket, what is the probability that he wins a prize? Open in App Solution Total number of tickets = 250 No of prices on tickets = 5 Let E be the

price of phone in slot Mega Millions tickets costs $2 per play Add Megaplier for $1 to multiply your winnings Visit any retailer to purchase your ticket Digital playslips are