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In a lottery ticket there are 7 numbers to be selected with replacement (order is important)
between number 0 - 9.
i. The sample space for this experiment contains how many outcomes?
ii. If the selected number matches with randomly selected number then the ticket holder qualify
for prize of $ 5m, while lottery ticket costs $5. Find probability of winning Prize money.

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  • 1. In a lottery ticket there are 7 numbers to be selected with replacement (order is important) between number 0 - 9. i. The sample space for this experiment contains how many outcomes? ii. If the selected number matches with randomly selected number then the ticket holder qualify for prize of $ 5m, while lottery ticket costs $5. Find probability of winning Prize money.