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
nd tails is valued at -1?
1 answer:
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
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