What should you pay for the chance to win

Reference no: EM13119715

Probability
Suppose someone offers to pay you $100 if you draw 3 cards from a standard deck of 52 cards and all the cards are clubs. What should you pay for the chance to win if it is a fair game?

Reference no: EM13119715

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What should you pay for the chance to win : Suppose someone offers to pay you $100 if you draw 3 cards from a standard deck of 52 cards and all the cards are clubs. What should you pay for the chance to win

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