Find the odds in favor of a five being rolled on a single die. What is the probability of this event?
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Four poker players are all holding five cards. Two of the players are each holding three diamonds. What is the probability that the next card dealt will be a diamond?
You are trying to analyze how much a customer is expected to spend at a local grocery store. Based on historical data, there are 50%, 30%, and 20% chances customers will spend $15, $20, and $25 respectively. What is the expected amount a customer will spend?
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