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In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is a K, an A, Q, an 8, 7, J, anything else, then the player wins $15; then the player loses. It costs $16 to play (for each play). Now, Melvin plays the game 1000 times, Rufus plays the game 50,000 times. Find the probability that (a) Melvin makes $100 or more. then the player wins $100; then the player wins $35; (b) Rufus makes $35,000 or more.

In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is a K, an A, Q, an 8, 7, J, anything else, then the player wins $15; then the player loses. It costs $16 to play (for each play). Now, Melvin plays the game 1000 times, Rufus plays the game 50,000 times. Find the probability that (a) Melvin makes $100 or more. then the player wins $100; then the player wins $35; (b) Rufus makes $35,000 or more.

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.6: Permutations And Combinations
Problem 4SC
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In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is a K, then the player wins $100; an A, Q, then the player wins $35; an 8, 7, J, anything else, then the player wins $15; then the player loses. It costs $16 to play (for each play). Now, Melvin plays the game 1000 times, Rufus plays the game 50,000 times. Find the probability that (a) Melvin makes $100 or more. (b) Rufus makes $35,000 or more.
Transcribed Image Text:In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is a K, then the player wins $100; an A, Q, then the player wins $35; an 8, 7, J, anything else, then the player wins $15; then the player loses. It costs $16 to play (for each play). Now, Melvin plays the game 1000 times, Rufus plays the game 50,000 times. Find the probability that (a) Melvin makes $100 or more. (b) Rufus makes $35,000 or more.
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