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Mathematics, 02.12.2021 01:00 01222002

In a game there is a 1 in 4 chance of winning the game and a 3 in 4 chance of losing. The game costs $2 to play. If

the game is won the winner receives $5. If the game is lost

the player receives nothing. If you play the game 10 times,

what is the expected gain or loss?

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Answers: 3

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In a game there is a 1 in 4 chance of winning the game and a 3 in 4 chance of losing. The game cos...
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