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Sagot :
Based on the statistics, an average American spends $299.7 on lotteries each year
How to determine the amount an American spend on lotteries?
The population is given as:
Population = 325 million
23% are under the age of 18.
This means that this category is not eligible to play lotteries.
The eligible population is:
Eligible = (1 - 23%) * 325 million
Evaluate
Eligible = 250.25 million
The total amount is given as:
Total = $75 billion
So, the amount spent by each is:
Amount = Total/Eligible
This gives
Amount = $75 billion/250.25 million
Evaluate
Amount = $299.7
Hence, an average American spends $299.7 on lotteries each year
Read more about average at:
https://brainly.com/question/20118982
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