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mojako

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looks like Im not familiar with Jackpot lol...
nekkid didn't type up the whole question and I didn't know how the lottery worked

well from the examiners' report you need to do the limiting sum thing.
this is also reflected in the number of marks (3 marks).

but logically if the draw keeps going, the probability of that a prize will eventually be won is 1.
it's like.. tossing a coin indefinitely.
it's certain that you'll get a head eventually, after infinite number of tosses.
 
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CrashOveride

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you don't win in the first 25 draws, and it doesn't matter whether you win on the next draws or not.

whats the big deal? when i read thru the MANSW thing it made sense. but u rkn the BOS talked about limiting sum? mansw didnt say that =p
 

mojako

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CrashOveride said:
you don't win in the first 25 draws, and it doesn't matter whether you win on the next draws or not.

whats the big deal? when i read thru the MANSW thing it made sense. but u rkn the BOS talked about limiting sum? mansw didnt say that =p
stupid MANSW then :p
remember it's not the official solution.

the examiners' report says that. read it.
 

de keizer

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this question produces an arithmetic progression (i.e. a difference of $8000). dont worry about the limiting sum:

A1-8000
d=8000
An=200000

Therefore 200000=8000+(n-1).8000

n=25

Probability(exceed 200000) = (1-0.015)^25
 

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