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QUESTION 1 A. In a game, a player has to draw out a chip from a bowl containing 14 black, 4 red and 2 blue

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QUESTION 1 A. In a game, a player has to draw out a chip from a bowl containing 14 black, 4 red and 2 blue chips. The amount that he will he paid (T) is based on the following schedule. Outcome T $ Red chip Blue chi - Other outcomes

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