In a Lottery, a Player Selects Six Numbers Between 1

question 15

Multiple Choice

In a lottery, a player selects six numbers between 1 and 36 inclusive. The six winning numbers (all different) areselected at random from the numbers 1-36. To win a prize, the player must match three or more of the winningnumbers. What is the probability that the player matches exactly 3 numbers?

• A) 0.0417
• B) 0.0347
• C) 0.0486
• D) 0.0521

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Definitions:

Financial Management

The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institution.

Equity Financed

A means of raising capital through the sale of shares in a company, providing investors with ownership interests.

Accounts Receivable Policies

Guidelines and procedures a company follows to manage money owed by customers for goods or services delivered on credit.

Shares of Stock

Shares, as units of corporate or asset ownership, provide an even allocation of profit distributions in the guise of dividends, pending announcements.