Question

You are given 5 to 2 odds against tossing three heads with three​ coins, meaning you...

You are given 5 to 2 odds against tossing three heads with three​ coins, meaning you win ​$5 if you succeed and you lose ​$2 if you fail. Find the expected value​ (to you) of the game. Would you expect to win or lose money in 1​ game? In 100​ games? Explain. Find the expected value​ (to you) for the game.

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