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In a game of chance, you have 1/20 probability of winning $100 and a 19/20 probability of losing $10. What is theexpected value of your
In a game of chance, you have 1/20 probability of winning $100 and a 19/20 probability of losing $10. What is theexpected value of your gain? (Hint: In the case of loss, a gain is negative.)
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