College Algebra 7th Edition

Published by Brooks Cole
ISBN 10: 1305115546
ISBN 13: 978-1-30511-554-5

Chapter 9, Counting and Probability - Section 9.4 - Expected Value - 9.4 Exercises - Page 679: 3

Answer

$1.50

Work Step by Step

Both events are equally likely, as it is a fair coin toss. $2\times0.5 + 1\times0.5 = 1.50$ The expected value of the coin toss is $1.50.
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