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An unfair coin is flipped. If a head turns up, you win $1. If a tail turns up, you lose $1. The probability of a
An unfair coin is flipped. If a head turns up, you win $1. If a tail turns up, you lose $1. The probability of a head is .39 and the probability of a tail is .61. Let X be the random variable for the amount won on a single play of this game. What is the expected value of the game? E(X) = dollars (Type an integer or a decimal. Round to the nearest cent as needed.)
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