Business, 26.02.2020 23:28 alisaharnauth

1. You enter a casino to play a game. The game has 3 possible outcomes, for every two dollars you bet, there is a 25% chance you win $2, a 30% chance you win $1 and the rest of the time you lose your bet. What is the expected value of your winnings?

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1. You enter a casino to play a game. The game has 3 possible outcomes, for every two dollars you be...

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