Mathematics, 01.10.2019 06:50, kiyahm4739

Gambler is deciding whether or not to take a bet. she must pay $40 to take the bet, but if she wins, she willprofit$225.theprobability that she wins the bet is ¼. what is the player’s expected value in this situation

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Gambler is deciding whether or not to take a bet. she must pay $40 to take the bet, but if she wins,...