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I pay $50 to bet on the ball landing on a black spot. If I win, they hand me $100. What is the expected value
I pay $50 to bet on the ball landing on a black spot. If I win, they hand me $100. What is the expected value of my profits? $ (round to the nearest cent)
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Statistical Techniques in Business and Economics
Authors: Douglas A. Lind, William G Marchal
17th edition
1259666360, 978-1259666360
