When playing a lottery game, a player can either win money, get a free play, or they can lose. For a particular game, the odds in favour of winning money are 1:4, while the odds against winning a free play are 2:1, and the odds against losing are 8:7. Are these odds possible? Prove your answer mathematically and provide a final concluding statement.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 41CT: On a game show, a contestant is given the digits 3, 4, and 5 to arrange in the proper order to form...
icon
Related questions
Question

3

When playing a lottery game, a player can either win money, get a free play, or they
can lose. For a particular game, the odds in favour of winning money are 1:4, while
the odds against winning a free play are 2:1, and the odds against losing are 8:7. Are
these odds possible? Prove your answer mathematically and provide a final
concluding statement.
1381/3000
Transcribed Image Text:When playing a lottery game, a player can either win money, get a free play, or they can lose. For a particular game, the odds in favour of winning money are 1:4, while the odds against winning a free play are 2:1, and the odds against losing are 8:7. Are these odds possible? Prove your answer mathematically and provide a final concluding statement. 1381/3000
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,