Let's look back at our bet on either "Aces" or "Boxcars". We

Last updated: 7/11/2022

Let's look back at our bet on either "Aces" or "Boxcars". We win if we roll a sum of 2 for "Aces" or a sum of 12 for "Boxcars". Let's place a $10 bet on "Boxcars"! a) What is the probability of winning? P(W) = b) What is the probability of losing? P(L) = c) The payoff odds are 30:1. What does this mean?