SOLUTION: Expected Value If on a $1 bet, Paul Goldstein’s expected value is $0.30, what is Paul’s expected value on a $5 bet?
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Question 450488: Expected Value If on a $1 bet, Paul Goldstein’s expected value is $0.30, what is Paul’s expected value on a $5 bet?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
.30/1=x/5
$1.50=x..
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