Problem #3: A casino game consists of selecting two balls, without replacement, from an urn containing 4 balls numbered 1 through 4. The amount that you win (in dollars) is the minimum of the numbers on the two balls. How much should be charged to play this game If the casino wants to make $0.30, on average, each time the game is played? Round your answer to 2 decimals. Problem #3:

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter10: Systems Of Equations And Inequalities
Section10.FOM: Focus On Modeling: Linear Programming
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Problem #3: A casino game consists of selecting two balls, without replacement, from an urn containing 4 balls numbered 1
through 4. The amount that you win (in dollars) is the minimum of the numbers on the two balls. How much
should be charged to play this game If the casino wants to make $0.30, on average, each time the game is played?
Problem #3:
Round your answer to 2 decimals.
Transcribed Image Text:Problem #3: A casino game consists of selecting two balls, without replacement, from an urn containing 4 balls numbered 1 through 4. The amount that you win (in dollars) is the minimum of the numbers on the two balls. How much should be charged to play this game If the casino wants to make $0.30, on average, each time the game is played? Problem #3: Round your answer to 2 decimals.
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