Suppose you toss a coin and will win $3 if it comes up heads. If it comes up tails, you toss again. This time you will receive $6 if it comes up heads. If it comes up tails, toss again. This time you...


Suppose you toss a coin and will win $3 if it comes up heads. If it comes up tails, you toss again. This time you will receive $6 if it comes up heads. If it comes up tails, toss again. This time you will receive $12 if it is heads and nothing if it comes up tails. What is the mathematical expectation for this game?



Jun 08, 2022
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