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Please help me! No links as answers please. Find the expected value: Tim wins $3 if a coin toss shows heads or $2 if it shows tails.
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Please help me! No links as answers please. Find the expected value: Tim wins $3 if a coin toss shows heads or $2 if it shows tails.
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Mathematics
4 years
2021-09-05T11:21:05+00:00
2021-09-05T11:21:05+00:00 1 Answers
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The answer and the expected value is $2.50