Don't use chat gpt plz 4. Consider a lottery ticket with 60 numbers. To buy a ticket, you needto choose 5 of these numbers. Each lottery ticket costs $1. How bigmust the prize be to justify buying all possible tickets?

A lottery ticket has 60 numbers.5 numbers are to be chosen to buy a ticket.Each lottery ticket costs…

Answered: 4. Consider a lottery ticket with 60…

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter8: Sequences, Series,and Probability

Section8.6: Counting Principles

Problem 8ECP: In how many different ways can two letters be chosen from the letters A, B, C, D, E, F, and G? (The...

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4. Consider a lottery ticket with 60 numbers. To buy a ticket, you need to choose 5 of these numbers. Each lottery ticket costs $1. How big must the prize be to justify buying all possible tickets?