You are given 5 to 4 odds against tossing three heads with three​ coins, meaning you win ​$5 if you succeed and you lose ​$4 if you fail. Find the expected value​ (to you) of the game. Would you expect to win or lose money in 1​ game? In 100​ games? Explain.

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  1. P(HHH) = 1/8
    So, E(x) = 1/8 * 5 - 7/8 * 4

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