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Mathematics, 26.03.2021 17:50 stephanieboyd

Suppose lightning strikes at an average of 1.4 strikes per minute during a particular storm. You play the following game: if the next strike occurs within the next minute, you win 3 dollars, if the next strike occurs between 1 minute and 2 minutes from now, you win 5 dollars, and if the next strike occurs more than 2 minutes from now, you win 1 dollar. How much should someone be charged to play this game, to make it a "fair game?"

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