Mathematics, 21.07.2019 07:30 tyijiapostell

Suppose you have an unfair coin that comes up heads 60% of the time and tails 40% of the time. you play a game where you flip the coin a single time and you lose $2 if you get heads and you win $3 if you get tails. what is the expected value of your outcome?

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Suppose you have an unfair coin that comes up heads 60% of the time and tails 40% of the time. you p...

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