Math Problem Statement

Let A denote the event of placing a ​$1 straight bet on a certain lottery and winning. Suppose​ that, for this particular​ lottery, there are 3 comma 456 different ways that you can select the four digits​ (with repetition​ allowed) in this​ lottery, and only one of those​ four-digit numbers will be the winner. What is the value of​ P(A)? What is the value of ​P(Upper A overbar​)?

Solution

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Math Problem Analysis

Mathematical Concepts

Probability
Complementary Events

Formulas

P(A) = 1 / Total number of possible outcomes
P(\overline{A}) = 1 - P(A)

Theorems

Law of Complementary Probability

Suitable Grade Level

Grades 9-12