Mathematics, 21.10.2020 06:01 unknownyobutt21
Your teacher invented another game: You will pick one card from a deck of cards. If
you pick a heart, you will win $25.00. Otherwise, you will lose $5.00.
From the standpoint of the player, what is the expected value of this game?
Enter expected value
What does the expected value tell us about the game?
O The game is good to play, you will make money on average.
O The game is NOT good to play, you will tend to lose money.
O It doesn't matter if you play, you will generally break even.
Answers: 3
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Your teacher invented another game: You will pick one card from a deck of cards. If
you pick a hear...
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