Solution-Average amount won or lost per game

Average amount won or lost per game

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Reference no: EM131921910

You play a new game with coins where you flip a coin twice. You win $2 for both being "heads", you win $3 for both being "tails", and you lose $4 otherwise. If you played this game many times, what would you expect to be your average amount won or lost per game?

Reference no: EM131921910

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Average amount won or lost per game

Reference no: EM131921910

Reference no: EM131921910

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