Wednesday

October 1, 2014

October 1, 2014

Posted by **Anonymous** on Wednesday, December 20, 2006 at 8:14am.

It depends on the game: the rewards and the probability of particular outcomes.

If the lottery has a 10 million dollar prize, and I have a one in five chance of winning it (I wish), the expected value would be

1/5 * 10 Million

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