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Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 2 or a 1,
Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 2 or a 1, nothing otherwise.What is your expected net winnings?$4.00-$2.00-$0.67$2.00
Suppose you pay $2.00 to roll a fair die with the understanding that you will get back $4.00 for rolling a 2 or a 1, nothing otherwise.What is your expected net winnings?$4.00-$2.00-$0.67$2.00
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Modern Systems Analysis And Design
Authors: Joseph Valacich, Joey George
8th Edition
9780134204925
