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March 29, 2017

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If your expected value when playing a $1 game of chance is $0.03. How much should you have netted after playing the game 160 times?

  • math - ,

    160 * .03 = 4.80

  • math - ,

    by the way, are you sure it is not -.03?
    It is pretty rare that a game is set up so the customer wins/

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