"The Probability of Winning the $3 Prize in Your State's

question 91

Multiple Choice

"The probability of winning the $3 prize in your state's lottery is 1/137" means:

• A) if you buy 137 lottery tickets, you will win the $3 prize exactly once.
• B) if you buy 137,000 lottery tickets, you will win the $3 prize exactly 1000 times.
• C) if you buy thousands of lottery tickets, the fraction of tickets that will win the $3 prize will be very close to 1/137.
• D) you will win the $3 prize when you buy your 138th ticket.

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Fees for Service

Charges imposed for specific services provided by professionals or organizations, often based on the service's complexity or the time required to perform it.

Earned Income

Income generated from the sale of goods and services, distinguishing it from donations or grants in nonprofit organizations.

Feasibility Study

An analysis conducted to assess the practicality and potential success of a proposed project or venture, considering factors like economic, technological, legal, and scheduling constraints.

Community Need

The demands or requirements essential for the wellbeing and improvement of a specific community.