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.
Chapter9: Sequences, Probability And Counting Theory
Section9.5: Counting Principles
Problem 42SE: In horse racing, a “trifecta” occurs when a bettor wins by selecting the first three finishers in...
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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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