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Define the random variable and list its possible values

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Reference no: EM131643645

Question: In a lottery, there are 250 prizes of $5, 50 prizes of $25, and ten prizes of $100. Assuming that 10,000 tickets are to be issued and sold, what is a fair price to charge to break even? Define the random variable and list its possible values ? Find the probability that at least four of the 25 patients actually have the flu.

Reference no: EM131643645

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