Mathematics, 27.03.2021 19:30 tonypewitt

A game has 28 white balls and 12 red balls in a bag, and you will randomly select one ball from the bag. If the selected ball is white, you lose $5. And, if the ball is red, you win $10. What is the expected value of
the game?

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A game has 28 white balls and 12 red balls in a bag, and you will randomly select one ball from the...