twoods0217 twoods0217
  • 08-11-2022
  • Mathematics
contestada

A game has an expected value to you of ​$1300. It costs ​$1300 to​ play, but if you​ win, you receive​ $100,000 (including your ​$1300 ​bet) for a net gain of ​$1300. What is the probability of​ winning? Would you play this​ game? Discuss the factors that would influence your decision.

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