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Probability Models and Fairness
Worksheet
Grade Level
Grade 7
7.138 Probability Models and Fairness
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In the candy draw game, keep the cost at $2 and the probability of red at 0.28. If you win $x when you draw red and $0 otherwise, what value of x makes the game fair? (Round to two decimals.)
A
5.60
B
8.00
C
9.14
D
7.14
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