In a certain part of downtown baltimore parking lots charge, Basic Statistics

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In a certain part of downtown baltimore parking lots charge

In a certain part of downtown Baltimore parking lots charge $7 per day. A car that is illegally parked on the street will be fined $25 if caught, and the chance of being caught is 60%. If money is the only concern of a commuter who must park in this location every day, should he park at a lot or park illegally?

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Basic Statistics: In a certain part of downtown baltimore parking lots charge

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