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Let's say a six sided spinner and four sided spinner are used as a game at the carnival. To play the game you pay $5.
Let's say a six sided spinner and four sided spinner are used as a game at the carnival. To play the game you pay $5. If your product is even you do not win anything. If your product is odd, you win $20. What is the expected pay out in the long run for this game
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Principles Of Microeconomics
Authors: N Gregory Mankiw
9th Edition
035713348X, 9780357133484
