In a Game Called Taxation and Evasion,a Player Rolls a Pair

question 190

Short Answer

In a game called Taxation and Evasion,a player rolls a pair of dice.If,on any turn,the sum is 7,11,or 12,the player gets audited.Otherwise,she avoids taxes.Suppose a player takes 5 turns at rolling the dice.The probability that she does not get audited is _____.

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Definitions:

Negotiable Instruments

Financial documents that are transferable from one party to another, promising to pay a specified amount either on-demand or at a future date.

Negotiable Instrument

A formal document that ensures the payment of a certain sum of money, either upon request or at an agreed moment, with the document specifying the individual responsible for payment.

Bearer Instrument

A type of negotiable instrument that is not registered to a specific owner and can be transferred by possession alone.

Order Instrument

A financial document that is made payable to a specific individual or entity, requiring endorsement for transfer or payment.