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23 September, 15:56

In a coin toss bet, where both heads and tails are equally likely, you win a $3 on heads but lose $1 on tails. the expected value of the bet is

a. $0.50

b. - $0.50

c. $1.00

d. $0.00

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Answers (1)
  1. 23 September, 18:24
    0
    Option C is the answer
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