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Mathematics, 13.05.2020 21:57 bankskry

A large spinning wheel has 20 pie slices of different colors. There are 7 green slices, 4 red slices, and the rest are black. If you spin the wheel and the pointer stops at green you win $2, stops at red you win $5, stops at black you win nothing. If you are charged $3 to play this game then how much is the expected value if you played 10 times?

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A large spinning wheel has 20 pie slices of different colors. There are 7 green slices, 4 red slices...
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