If a fair game is played many times the monetary losses or gains will:
A)approach zero.
B)be negative.
C)be positive.
D)result in an outcome that cannot be determined without more information.

Question

Quizplus · Accepted Answer

In a fair game, the probability of winning and losing is roughly equal. Therefore, over a long run of many games, the wins and losses will balance out and approach zero, resulting in no significant monetary gains or losses.

If a Fair Game Is Played Many Times the Monetary