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Mathematics, 20.02.2020 04:46 emilyphillips1681

Suppose your cousin’s Tooth Fairy leaves $1 one-third of the time, $0.50 one-third of the time, and $0.80 one-third of the time. What’s the expected value of her Tooth Fairy payoff?

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Suppose your cousin’s Tooth Fairy leaves $1 one-third of the time, $0.50 one-third of the time, and...
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