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Accounting You are trying to win $100 to finance an end-of-the- semester bonfire for your friends. A benevolent mathematician happens to have one hundred $100 bills and one hundred $1 bills and two leftover Easter baskets. She offers to let you place the two hundred bills in the baskets in any combination. The money will be mixed, then blíndfolded you will| choose a basket, and finally you will choose one bill out of the chosen basket. How should you apportion the bills to maximize your chance of getting $100? And what is the probability?

Accounting You are trying to win $100 to finance an end-of-the- semester bonfire for your friends. A benevolent mathematician happens to have one hundred $100 bills and one hundred $1 bills and two leftover Easter baskets. She offers to let you place the two hundred bills in the baskets in any combination. The money will be mixed, then blíndfolded you will| choose a basket, and finally you will choose one bill out of the chosen basket. How should you apportion the bills to maximize your chance of getting $100? And what is the probability?

College Algebra
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter5: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 10T
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Accounting You are trying to win $100 to finance an end-of-the- semester bonfire for your friends. A benevolent mathematician happens to have one hundred $100 bills and one hundred $1 bills and two leftover Easter baskets. She offers to let you place the two hundred bills in the baskets in any combination. The money will be mixed, then blíndfolded you will choose a basket, and finally you will choose one bill out of the chosen basket. How should you apportion the bills to maximize your chance of getting $100? And what is the probability?
Transcribed Image Text:Accounting You are trying to win $100 to finance an end-of-the- semester bonfire for your friends. A benevolent mathematician happens to have one hundred $100 bills and one hundred $1 bills and two leftover Easter baskets. She offers to let you place the two hundred bills in the baskets in any combination. The money will be mixed, then blíndfolded you will choose a basket, and finally you will choose one bill out of the chosen basket. How should you apportion the bills to maximize your chance of getting $100? And what is the probability?
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