Suppose there is a 25% chance to win on a scratch off lotter…
Suppose there is a 25% chance to win on a scratch off lottery ticket, and you buy 3. Answer the following and round to 4 decimal places: a) What is the probability of winning three times in a row? [BLANK-1] b) What is the probability of losing three times in a row? [BLANK-2] d) What is the probability of winning on at least one of the three tickets? [BLANK-3]
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