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Answer with explanation Random variable X represents number of tokens-out for one token-in on a slot machine. Suppose the expected value of X is E(X)=0.94
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Random variable X represents "number of tokens-out for one token-in" on a slot machine. Suppose the expected value of X is E(X)=0.94 token, and each token is worth $1. If John is going to play the machine for 100 times with one token at a time, then, on average, will he win or lose at the end?
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