If you were asked to play a game in which you tossed a fair coin three times and were given $2 for every head you threw, how much would you expect to win on average?
A) $3
B) $2
C) $6
D) $9

Name: If you were asked to play a game in which you tossed a fair coin three times and were given $2 for every head you threw, how much would you expect to win on average? A) $3 B) $2 C) $6 D) $9
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Expected return = 0+ ($2)(1)+ ($2)(2)+ ($2)(3)= 3.0

If You Were Asked to Play a Game in Which