Lottery Analysis

 Lottery Analysis

  On this particular group of people, if we gave away a trip to Hawaii, the chances of a female from Central Florida winning would be the highest probability. This is the largest group in the selection that we have. There is a 20.41% chance that the person winning is female from Central Florida. The lowest probability of a winner would be a male from the panhandle at a probability of 0.034. 

If awarding a bonus instead of a random selection, the suggestion would be to award the bonus to someone in the lower probability percentile. On a marketing standpoint, awarding it to someone with a lesser probability would give the consumer a higher trust rating and perhaps a “that could be me” perception on winning another prize. In that case the focus would be on the groups with the lowest percentile – men and female from the panhandle and men and female from the Keys. 

(Freeman, 2020)