MoayadM383560 MoayadM383560

29-10-2022
Mathematics

Answered

At a carnival you pay $2 to play a coin flipping game with 3 fair coins, on each side has the number 0 and the other side has the number. You flip the three coins at one time and you win $1.00 for every 1 that appears on top What is the expected earningsIs the carnival making or losing money in the long run?

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