Mathematics, 21.05.2020 22:00 Beth6013

A large spinning wheel has 20 pie slices of different colors. There are 8 green slices, 5 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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