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Disco earns 23 cents - PowerPoint PPT Presentation

Fair Games/Expected Value

Fair Games/Expected Value. Definitions:. The expected value of a game is the amount, on average , of money you win per game. The expected value (in terms of a game) is calculated as follows: E = ($ paid if you win) * (P(winning))

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Disco earns 23 cents - PowerPoint PPT Presentation

Fair Games/Expected Value