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Math Help - stat probability qs?

  1. #1
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    stat probability qs?

    three digits lottery problem. if the number u pick has the same number in the same order, then u win 200 dollar, that is call "strike". and, if the number u pick has the same number in the different order, u in 100 dollar, that is call "same". what is the expected payoff if you bet on "strike" with 1 dollar, and what is the expected payoff if you bet on "same" with 1 dollar?
    Last edited by mathghost; April 26th 2009 at 11:11 AM.
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