Reference no: EM13935874

lotteries have been described as "a tax on the gullible." In general, the odds of winning a lottery are a infinitesimal that the cost of the lottery ticket far exceeds the expected payoff. For example, con-[der a PICK-4 game in which players must select four digits in a specific order. Since any number be¬ween 0000 and 9999 might appear, the likelihood that any particular four-digit sequence will be rawn is 1 in 10,000. If the payoff the winner receives is less than $10,000 on a $1 ticket, then the odds re not in the player's favor.

create a Web page named lottery. html that repeatedly simulates PICK-4 lottery drawings until a pecific sequence is obtained. The user should be able to enter the desired sequence in a series of cur text boxes, then click a button to see how many drawings the page had to perform before their equence came up. The appearance of your page should resemble that of Figure 13.6.

a common misconception about lotteries is that a distinctive sequence, such as 0-0-0-0, is less likely D occur than a random-looking sequence, such as 3-7-5-2. In reality, each number sequence has the ame probability of appearing. It just so happens that there are many more "random-looking" se-uences than there are distinctive sequences.