document.write( "Question 1086352: Suppose you play a game where you flip two coins. These are the rules: You must pay $1 to play. If the coins are both Tails then you get $2, if both are Heads you get $1, and for anything else you get nothing. Would you play this game? Justify your decision.
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document.write( "HH 1/4 = 0.25 * $1
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document.write( "TT 1/4 = 0.25 * $2
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document.write( "HT OR TH = 2/4 OR 1/2 * 0
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document.write( "$1 TO START PLAYING
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document.write( "I'm not sure if this is how you set up this problem? \n" );
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Algebra.Com's Answer #700512 by Fombitz(32388)![]() ![]() You can put this solution on YOUR website! What's your expected earnings? \n" ); document.write( "Put a dollar value to each win and loss. \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "You should expect to lose in the long run. \n" ); document.write( "You shouldn't play this game unless you like losing money. \n" ); document.write( " |