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Suppose that a game has infinitely many rounds. At round k = 1, 2, . . ., you lose 2k dollars with probability pk =
Suppose that a game has infinitely many rounds. At round k = 1, 2, . . ., you lose 2k dollars with probability pk = 1 2 k 1 and you win 1 dollar with probability 1 pk = 2 k 2 k 1 . Suppose that the result of each round is independent of other rounds. Would you take part in such a game or not? Explain
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