MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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10. Jackpot On February 11, 2009, the AP news wire
released the following story:
(LAS VEGAS, Nev.)—A man in town to watch the
NCAA basketball tournament hit a $38.7 million jackpot
on Friday, the biggest slot machine payout ever. The
25-year-old software engineer from Los Angeles, whose
name was not released at his request, won after putting
three $1 coins in a machine at the Excalibur hotel-casino,
said Rick Sorensen, a spokesman for slot machine maker
International Game Technology.
a) How can the Excalibur afford to give away millions of
dollars on a $3 bet?
b) Why was the maker willing to make a statement?
Wouldn’t most businesses want to keep such a huge
loss quiet?
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