Question

For this problem, assume that the lottery pays $ 10 on one play out of 150,...

For this problem, assume that the lottery pays $ 10 on one play out of 150, it pays $ 1500 on one play out of 5000, and it pays $ 10000 on one play out of 200000.

(1) What probability should be assigned to a ticket's paying $ 10?

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(2) What probability should be assigned to a ticket's paying $ 1500?

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(3) What probability should be assigned to a ticket's paying $ 10000?

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(4) What probability should be assigned to a ticket's not winning anything?

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