In the game of keno if you make a 1 bet on a pair of, Ask an Expert

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In the game of Keno, if you make a $1 bet on a pair of numbers, you have a 94% chance of losing (and, thus, losing your one dollar bet), but a 6% chance of winning $11 (in addition to getting your one dollar bet returned). Design a box model for your winnings (in dollars) on a single $1 bet on a pair of numbers in a game of Keno. Use as few balls as possible. Place the "values" in the table in ascending order (from smallest to largest), and place their corresponding counts in the space next to them.

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Statistics and Probability, Statistics

Category:- Statistics and Probability
Reference No.:- M9994938

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