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May 27, 2015

Homework Help: Math

Posted by Michelle on Sunday, December 20, 2009 at 11:26pm.

A game is played flipping three coins. If all three coins land heads up you win $15. If two coins land heads up you win $5. If one coin lands heads up you win $2. If no coins land heads up you win nothing. If you pay $4 to play, what are your expected winnings?

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