What is the expected value of this game? You are about to play a game in which
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What is the expected value of this game?
You are about to play a game in which you draw 3 ping-pong balls without replacement from a barrel. The barrel contains 6 green balls and 4 red balls. If all 3 of your selections are green, you win \(\$ 5\). If 2 of the 3 are green, you win \(\$ 1\). If 2 or more of your selections are red, you lose \(\$ 5\).
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