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Mathematics, 14.11.2020 21:40 monet83
You are given 5 to 2 odds against tossing three heads with three coins, meaning you win $5 if you succeed and you lose $2 if you fail. Find the expected value (to you) of the game. Would you expect to win or lose money in 1 game? In 100 games? Explain. Find the expected value (to you) for the game.
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