Mathematics, 20.03.2020 11:56 Neko1kat

In a certain game, we have to select one of three cards at random from an envelope. If we choose the green card, we win $120. If we pick the yellow card, we win nothing, and if we choose the red card, we lose $360. Assume that we are equally likely to pick any of the cards. How much money do we expect to win/lose on average

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In a certain game, we have to select one of three cards at random from an envelope. If we choose the...