Suppose a Lottery Ticket Costs $1 and the Probability That

question 3

Multiple Choice

Suppose a lottery ticket costs $1 and the probability that a holder will win nothing is 99.9%.What must the jackpot be for this to be a fair bet?

• A)10
• B)100
• C)1,000
• D)10,000

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Definitions:

Combustion

A chemical reaction that occurs when a substance reacts with oxygen to produce heat and light, commonly seen in burning.

Carbon Dioxide

A clear, scentless gas that is a byproduct of burning carbon-based substances and the respiration process, which is utilized by plants during the process of photosynthesis.

Terrestrial

Terrestrial refers to organisms or environments that are land-based, as opposed to aquatic or marine.

Oceans

Large bodies of saltwater that cover approximately 71% of the Earth's surface and serve as a critical part of the planet's climate system and habitat for marine life.