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What is the expected value of the? game

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An unfair coin is flipped. If a head turns? up, you win? $1. If a tail turns? up, you lose? $1. The probability of a head is .65 and the probability of a tail is .35. Let X be the random variable for the amount won on a single play of this game. What is the expected value of the? game?

E(X)= __ dollars

Reference no: EM131981890

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