How do I create a probability model for this question?

a carnival game offers a $100 cash prize for anyone who can break a balloon by throwing a dart at it. It costs $5 to play and you're willing to spend up to $20 trying to win. You estimate that you... more

How do I create a probability model?

You draw a card from a deck If you get a red card ou win nothing. If you get a spade you win $5. If you draw a club you win $10 plus an extra $20 for the ace of clubs. Create a probablity model for... more

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