A casino game consists of selecting two balls, without replacement, from an urn containing 5 balls numbered
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A casino game consists of selecting two balls, without replacement, from an urn containing 5 balls numbered 1 through 5. The amount that you win (in dollars) is the minimum of the numbers on the two balls. How much should be charged to play this game if the casino wants to make $0.50, on average, each time the game is played? |
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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