3. You and a friend are tossing two fair coins. If both coins show heads, you win $2, if both show tails, you win $1, and if the coins don't match, you lose $1 (i.e. win –$1). Let X be your winnings...


M-3 Please I need help with this question needed very clearly and step by step explanation and NEEDED ONLY TYPED SOLUTIONS PLEASE NO HANDWRITTEN please, will be really appreciated for your help.



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3. You and a friend are tossing two fair coins. If both coins show heads, you win $2, if both show tails,<br>you win $1, and if the coins don't match, you lose $1 (i.e. win –$1). Let X be your winnings after<br>a single play of the game. Find the probability distribution of X. Also find the expected value of<br>х.<br>

Extracted text: 3. You and a friend are tossing two fair coins. If both coins show heads, you win $2, if both show tails, you win $1, and if the coins don't match, you lose $1 (i.e. win –$1). Let X be your winnings after a single play of the game. Find the probability distribution of X. Also find the expected value of х.

Jun 07, 2022
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