Probability of winning nothing

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Reference no: EM131011564

Higher education at 2-year and 4-year institutions

The following table gives the counts of U.S. institutions of higher education classi?ed as public or private and as 2-year or 4-year:31

(a) What is the probability of winning nothing?

(b) What is the mean amount won?

Reference no: EM131011564

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