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Mathematics, 10.05.2021 20:00 alyssa32900

You make a bet on a horse race. There's a 10% chance of making $300 and a 5% chance of making $500. There's an 85% chance of losing $75. What's the expected value of this bet?

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You make a bet on a horse race. There's a 10% chance of making $300 and a 5% chance of making $500....
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