What is the expectation for playing Keno by picking two numbers and paying ($ 1.00) to play?
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What is the expectation for playing Keno by picking two numbers and paying \(\$ 1.00\) to play? The payoff for picking two numbers is \(\$ 12.00\).
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To calculate the expected value for playing Keno when picking two numbers we first need to know the ...View the full answer
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