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Discrete Random Variables
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Discrete Random Variables
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5. Binomial Distribution & Discrete Random Variables / Discrete Random Variables / Problem 5
Problem 5
Using the table below, what is the expected net winnings per spin (from the player’s point of view)? Round to three decimals.
A
+
$
0.040
+\$0.040
B
−
$
0.004
-\$0.004
C
−
$
0.040
-\$0.040
D
$
0.000
\$0.000
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