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In a game, you have 1/30 probability of winning $120.00 and a 29/30 probability of loosing $7.00. What is the expected value of your

In a game, you have 1/30 probability of winning $120.00 and a 29/30 probability of loosing $7.00. What is the expected value of your gain? (Hint: In the case of loss, a gain is negative.)

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