b. If heads are worth $2 and tails are worth $1, what is the expected (or mean)
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b. If heads are worth $2 and tails are worth $1, what is the expected (or mean) payout?
Hint: The possible outcomes can be denoted as HH (for heads A, heads B), HT (for heads A, tails B), and so on.
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ISBN: 9783030831899
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Authors: Yuri A.W. Shardt
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