Business, 04.09.2019 20:10 keagank

Suppose you want to play a carnival game that costs 7 dollars each time you play. if you win, you get $100. the probability of winning is 1⁄50. what is the expected value of the amount that you, the player, stand to gain?

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Suppose you want to play a carnival game that costs 7 dollars each time you play. if you win, you ge...

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