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The probability that mary will win a game is 01 so the

Question: The probability that Mary will win a game is .01, so the probability that she will not win is .99. If Mary wins, she will be given $100; if she loses, she must pay $5. If X = amount of money Mary wins (or loses), what is the expected value of X?

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Basic Statistics: The probability that mary will win a game is 01 so the

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Basic Statistics: The probability that mary will win a game is 01 so the

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