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Mathematics, 26.07.2020 01:01 jellybooooo5837
A game has an expected value to you of $1200. It costs $1200 to play, but if you win, you receive $100,000 (including your $1200 bet) for a net gain of $98 comma 800. What is the probability of winning? Would you play this game? Discuss the factors that would influence your decision.
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A game has an expected value to you of $1200. It costs $1200 to play, but if you win, you receive $1...
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