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A box contains five slips of paper. These slips are marked $1, $1, $1, $10, and $25. The winner of a contest will select two slips of paper at random with replacement and will then get the larger of the dollar amounts awarded. Define a random variable W

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Answer:

Random variable set is attached as image. Please see the image

Step-by-step explanation:

The random variable W consist of all possible set of selection of two reward slips

The set consists of total 20 possible outcomes

The set is given in the image attached

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