A study on the Philippine lotto system

Date of Publication

1996

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Mathematics

College

College of Science

Department/Unit

Mathematics and Statistics

Abstract/Summary

This research paper presents a study on the Philippine Lotto System. The main problem of this thesis is to find strategies that would maximize profit in playing the Lotto. Moreover, this paper tries to investigate the randomness and fairness of lotteries in general. Past winning number combinations will be used and with the aid of a statistical software, the results will be analyzed and interpreted.Normality of the sums in the sample data will be verified and thus giving way to the first optimal solution: by Empirical rule. The two principles in Horace Levinson's book Science of Chance known as The Immaturity of Chances and the The Maturity of Chances will be used to analyze the frequencies of the sums and frequencies of each winning digit. Moreover, uniform assumptions will be verified for the sample data to check if there are biases in the drawing of the winning combinations.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU07460

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

134 leaves

Keywords

Lotto; Combinations; Probabilities; Random variables; System theory; Distribution (Probability theory)

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