Example: Florida lotto - PowerPoint PPT Presentation

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Example: Florida lotto

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Example: Florida lotto. You select 6 distinct digits from 1 to 53 (no replacement) ... First state draw: P(match 1st) = 6/53 ... Probabilities for Lotto (Pick 6) ... – PowerPoint PPT presentation

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Title: Example: Florida lotto


1
Example Florida lotto
  • You select 6 distinct digits from 1 to 53 (no
    replacement)
  • State randomly draws 6 digits from 1 to 53
  • Probability you match all 6 digits
  • First state draw P(match 1st) 6/53
  • Given you match 1st, you have 5 left and state
    has 52 left P(match 2nd given matched 1st)
    5/52
  • Process continues P(match 3rd given 12) 4/51
  • P(match 4th given 123) 3/50
  • P(match 5th given 1234) 2/49
  • P(match 6th given 1234) 1/48

2
Distribution of Winning Digits - Hypergeometric
Distribution
  • N Total of digits in machine (53)
  • k of successes selected by state (6)
  • n of digits you select/sample (6)
  • Y of successes in your n selected (matches
    among your n and states k)

3
Probabilities for Lotto (Pick 6)
  • EXCEL Function HYPGEOM.DIST(y,n,k,N,0) returns
    P(Yyn trials, k Ss in population of N items)
  • HYPGEOM.DIST(y,n,k,N,1) returns P(Yyn trials,
    k Ss in population of N items)

Repeat this for Fantasy 5. You and state select 5
from 1 to 36
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