In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is an A Q, then the player wins $20; an 8, 7, anything else, It costs $4 to play (for each play). Now,...


A and B


In another game at Bonehead Casino in Reno, the player draws one card from a standard deck.<br>If it is<br>an A Q,<br>then the player wins $20;<br>an 8, 7,<br>anything else,<br>It costs $4 to play (for each play).<br>Now, Melvin plays the game 500 times,<br>Rufus plays the game 48,000 times.<br>then the player wins $12;<br>then the player loses.<br>Find the probability that<br>(a) Melvin makes $100 or more.<br>(b) Rufus makes $46,560 or more.<br>

Extracted text: In another game at Bonehead Casino in Reno, the player draws one card from a standard deck. If it is an A Q, then the player wins $20; an 8, 7, anything else, It costs $4 to play (for each play). Now, Melvin plays the game 500 times, Rufus plays the game 48,000 times. then the player wins $12; then the player loses. Find the probability that (a) Melvin makes $100 or more. (b) Rufus makes $46,560 or more.

Jun 08, 2022
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