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3.5 You are to pay $1 to play a game that consists of drawing one ticket at random from a box of numbered tickets. You
3.5 You are to pay $1 to play a game that consists of drawing one ticket at random from a box of numbered tickets. You win the amount (in dollars) of the number on the ticket you draw. The following two boxes of numbered tickets are available.a Find the expected value and variance of your net gain per play with box I.b Repeat part (a) for box II.c Given that you have decided to play, which box would you choose and why?
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