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September 1, 2015

Homework Help: Finite Math

Posted by Amanda on Thursday, April 5, 2012 at 12:54am.

In a carnival game, the player selects two coins from a bag containing four silver dollars and twelve slugs.

(a) Write down the probability distribution for the winnings.

(b) Determine how much the player would have to pay so that he would break even, on the average, over many repetitions of the game.

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