Multiple Choice
A carnival game offers a $80 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 have a 12% chance of hitting the balloon on any throw.Create a probability model for the amount you will win.Assume that throws are independent of each other.Round to four decimal places if necessary.
A)
B)
C)
D)
E)
Correct Answer:

Verified
Correct Answer:
Verified
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