Question
In the $1 Straight-Box (3-way) bet, if you choose a number with two digits the same, for example, 112, you win $330 if the randomly
In the $1 Straight-Box (3-way) bet, if you choose a number with two digits the same, for example, 112, you win $330 if the randomly chosen winning number is 112, and you win $80 if the winning number has the digits 1, 1, and 2 in any other order (there are 2 such other orders, namely 121 and 211). What is the expected amount you win?
What is the answer and how to I calculate it?
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Elementary & Intermediate Algebra Functions And Authentic Applications (Subscription)
Authors: Jay Lehmann
3rd Edition
0134780264, 9780134780269
