What are the expected winnings of the game
In game of heads or tails, if two coins are tossed, you win $0.75 if you throw heads, win $0.50 if you throw a head and tail, and lose $1.00 if you throw two tails. what are the expected winnings of this game?
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if you throw heads, win $0.50 if you throw a head and tail, and lose $1.00 if you throw two tails. what are the expected winnings of this game?
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