Hello Professors! I have attached the Project guidelines. Within the document you will find a list of potential topics to write on, I have chosen #1 Lotteries. Discuss how your state lottery works. For example: On average how many people play each week and how much do they spend? What are the theoretical chances of winning the grand prize and the smaller prizes? Do the theoretical chances agree closely with the observed number of winners? Do the theoretical chances agree closely with the advertised chances? Exactly how are lottery funds distributed? Is there? What are the advantages of an annuity vs. lump sum option for the grand prize winner?” Please make sure you open the PDF so you can read the full project guidlines in terms of detail and how to adress the work. I have also attached the grading rubric so you know what my instructor is looking for! thanks so much. JL
