In a game, the chance of winning a big prize, a small prize and nothing is equally likely. The game is played 8 times.
a.) Describe the sample space. How would you denote the outcomes? How do you assign probabilities to each outcome?
b.) What is the probability of winning exactly 2 big and 3 small prizes in the 8 games?
c.) How many different configurations of numbers of big, small and numbers of losses are possible in the 8 games?
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