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You toss a coin three times. If you toss heads exactly two times, you win$2. If you toss heads all three times, you win$8. Otherwise,
You toss a coin three times. If you toss heads exactly two times, you win$2.
If you toss heads all three times, you win$8. Otherwise, you lose$3.
What is the expected payout for one round of this game?
- Round your answer to the nearest cent.
- Enter an expected loss as a negative number.
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Advanced Engineering Mathematics
Authors: ERWIN KREYSZIG
9th Edition
0471488852, 978-0471488859
