Task 3. The NC Education Lottery contains many games of chance. While it is certainly not the

intent of this project to invite you to play the games of the lottery it does, nevertheless, provide

some real world examples of probability outcomes and expected values. Go to the website

http://www.nc-educationlottery.org/pick3.aspx and look at the rules for the Carolina Pick 3

game (school computers have blocked this website so you will need to do this at home).

Compute the expected value of one ticket purchased and compare that to the actual purchase

price of the ticket

intent of this project to invite you to play the games of the lottery it does, nevertheless, provide

some real world examples of probability outcomes and expected values. Go to the website

http://www.nc-educationlottery.org/pick3.aspx and look at the rules for the Carolina Pick 3

game (school computers have blocked this website so you will need to do this at home).

Compute the expected value of one ticket purchased and compare that to the actual purchase

price of the ticket

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