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Mathematics, 06.10.2021 03:20 Kafapa

suppose you bet $10 on a horse at a racetrack if the horsey bit on Wednesday race the track pays out a rate of 7 to ratio which means you would win $35. if the horse does not win the race then you lose the $10 bet find the expected value of a wager if the probability the horse wins the race is 0.2.

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