SOLUTION: What is your expected value for a game where your probability of winning is 1/7 and your profit is four times your wager? (Round your answer to one decimal place.)
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Question 1166246: What is your expected value for a game where your probability of winning is 1/7 and your profit is four times your wager? (Round your answer to one decimal place.)
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
of your wager.
John
My calculator said it, I believe it, that settles it
I > Ø
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