Explain why these two outcomes have exactly same probability

Reference no: EM13494214

The pick 4 games in many state lotteries announce a four-digit winning number each day. The winning number is essentailly a four digit group from a table of random digits. You win if your choice matches the winning digits, in exact order. The winnings are divided among all players who matched the winning digits. That suggests a way to get an edge.

a. The winning numbers might be for example, either 2873 or 9999. Explain why these two outcomes have exactly the same probability.

b. If you asked many people whic outcome is more likely to be the randomly chosen winning number, most would favor one of them. Use the information in this chapter to say which one and to explain why. If you choose a number that people think is unlikely, you have the same chance to win, but you will win a larger amount becasue few other people will choose your number.

Reference no: EM13494214

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