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) About Me  (Show Source):
You can put this solution on YOUR website!

of your wager.

John

My calculator said it, I believe it, that settles it


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