Mathematics
Mathematics, 24.09.2021 14:00, cierrajo2020

A certain game involves tossing 3 fair coins, and it pays 21¢ for 3 heads, 10¢ for 2 heads, and 7¢ for 1 head. Is 10¢ a fair price to pay to play this game? That is, does the 10¢ cost to play make the game fair?
The 10¢ cost to play a fair price to pay because the expected winnings are
(Type an integer or a fraction. Simplify your answer.)

answer
Answers: 2

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A certain game involves tossing 3 fair coins, and it pays 21¢ for 3 heads, 10¢ for 2 heads, and 7¢ f...

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