2. In a certain part of downtown Baltimore parking lots charge $7 per day. A car that...
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2. In a certain part of downtown Baltimore parking lots charge $7 per day. A car that is illegally parked on the street will be fined $25 if caught, and the chance of being caught is 60%. If money is the only concern of a commuter who must park in this location every day, should he park at a lot or park illegally?
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Fundamentals Of Probability With Stochastic Processes
ISBN: 9780131453401
3rd Edition
Authors: Saeed Ghahramani
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