Suppose you a play a game with a biased coin where the probability of heads is 0.6. You play each game by tossing the coin once. If you toss a head, you pay 10 dollars. If you toss a tail, you get 2...


Suppose you a play a game with a biased coin where the probability of heads is 0.6. You play each game by tossing the coin once. If you toss a head, you pay 10 dollars. If you toss a tail, you get 2 dollars. Let X = amount of money that you win.


Complete the following probability distribution of X:
















x 2
p(x)0.6


How much would you expect to win? Should you play the game?



Jun 08, 2022
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