document.write( "Question 436879: The game of heads up is played by flipping two coins. If they both land heasds up, you win $12. If only one lands heads up,you win$12. If no conis land heads up, you win $8. If you pay $15 to play the game each time the coins are flipped, is the game a fair game? \n" ); document.write( "
Algebra.Com's Answer #302230 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
The game of heads up is played by flipping two coins.
\n" ); document.write( "If they both land heasds up, you win $12.
\n" ); document.write( "If only one lands heads up,you win$12.
\n" ); document.write( "If no conis land heads up, you win $8.
\n" ); document.write( "If you pay $15 to play the game each time the coins are flipped, is the game a fair game?
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\n" ); document.write( "Random gain values: 12,12,8,-15
\n" ); document.write( "Matching probs are: 1/4,1/2,1/4,0
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\n" ); document.write( "E(x) = 12*(1/4)+12(1/2)+8(1/4)+-15(0)
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\n" ); document.write( "E(x) = 3+6+2 = $11
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\n" ); document.write( "I doubt that you have posted this problem correctly.
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
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