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Use the following to answer the questions below:The New York Lottery has a daily game called "Take ...

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Use the following to answer the questions below:The New York Lottery has a daily game called "Take ...

Use the following to answer the questions below:

The New York Lottery has a daily game called "Take Five" where you win prizes based on how many of the 5 selected numbers match your ticket. The probability function for the typical payout on a ticket (X) is displayed in the provided table.

x	$0	$1	$25.66	$508.02	$57,575.70
p(x)	0.886026	0.103933	0.009744	0.000295	0.000002
Correct Picks:	0 or 1	2	3	4	5

Round all answers to two decimal places.

Compute the mean typical payout of a "Take Five" ticket.

Textbook

Statistics: Unlocking the Power of Data

Edition: 3^rd

Authors: Lock, Morgon

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