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3) Suppose that the ODDS in favor of winning a prize in a card scratch-and-win promotion is 1:3. a) What is the probability that you

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3) Suppose that the ODDS in favor of winning a prize in a card scratch-and-win promotion is 1:3. a) What is the probability that you will not win a prize until your second try? b) What is the probability of winning within your first three tries? c) What is the expected number of cards you would have to try before winning a prize? [5]

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