(Step-by-Step) A suppose we want to play the lottery and there are two times you play. There are 4 numbers involved that range from 0 to 9999 . You spend
Question: A suppose we want to play the lottery and there are two times you play. There are 4 numbers involved that range from 0 to 9999 . You spend $1.00 on each ticket. Each time you play will be a replacement condition. How would you go about Finding the "expected value" for this?
B. If you played one time, how would this be different? or would it be the same.
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