Mathematics, 16.07.2019 19:00, bigsmokedagangsta

•gamble #1: flip a coin, and earn $70 if heads (probability 0.5) and $0 if tails (probability 0.5). • gamble #2: roll a die (which will come up as 1, 2, 3, 4, 5, or 6, with each outcome having probability 1/6) and earn $10 times the number on the die.

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•gamble #1: flip a coin, and earn $70 if heads (probability 0.5) and $0 if tails (probability 0.5)....