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Please Answer the Following question in detail. Answer should be correct please. A game of chance requires you to pay $5 to play. Which of
Please Answer the Following question in detail.
Answer should be correct please.
A game of chance requires you to pay $5 to play. Which of the following expected values would make it profitable in the long run?
Group of answer choices
Expected value of $3
Expected value of $7
Expected value of $1
Expected value of $5
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