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5. A festival is offering a brand-new mountain bike in a lottery. Thousands of people attend the festival, and most of them buy a lottery ticket, which costs $5. Explain the benefits and disadvantages
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5. A festival is offering a brand-new mountain bike in a lottery. Thousands of people attend the festival, and most of them buy a lottery ticket, which costs $5. Explain the benefits and disadvantages of this system for the individuals hoping to win the mountain bike.

User Manoj Sharma
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1 Answer

5 votes
the benefit is that they have a chance to win the mountain bike the disadvantage is that if they lose they also lost their $5.
User Plaxdan
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8.4k points
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