Lian and Patti discuss a lottery ticket. Lian says, "If 1,000 people buy this ticket, they'll get back about $890 on average." Patti says, "The probability of winning a prize with this ticket is 0.89, on average." Whose statement is consistent with the expected value given on the ticket (1:50 odds, $0.89 expected return)?



(a) Lian only
(b) Patti only
(c) Both Lian and Patti
(d) Neither Lian nor Patti

Q&A Education