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The chance of winning on the type of lottery tickets you purchase is 0.05 or 1 in 20. You know to stop after you win,
The chance of winning on the type of lottery tickets you purchase is 0.05 or 1 in 20. You know to stop after you win, so this will be a geometric setting. You will play each Saturday until you win. What is the probability of winning on the second ticket
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