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Mathematics, 13.07.2021 20:00 lakiethalucas

A. A contest entrant has a 0.002 probability of winning $12,165. If this is the only prize and the fee is $35, then find the expected value of winning the contest. b. The probability of winning a lottery is 0.125, what is the probability of winning at least once in twelve trials?

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A. A contest entrant has a 0.002 probability of winning $12,165. If this is the only prize and the f...

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