If an unfair coin comes up heads 60% of the time and tails 40% of the time, what is the expectation if heads is valued at 1 a

Question

3 years ago

15

nd tails is valued at -1?

1 answer:

monitta · Answer 1 · 2022-06-06T12:33:43+03:00

monitta3 years ago

5 0

I would think the value would be .2 cause if you had 100 tosses you would expect 60 value for heads and -40 value for tails. giving you 20/100

If an unfair coin comes up heads​ 60% of the time and tails​ 40% of the​ time, what is the expectation if heads is valued at 1 a