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Game / Coin Flip

Game / Coin Flip. We will present two games. Game 1. We flip coin, in case of coming with a heads we win 2 NOK and with a tails we lose 1 NOK. We can calculate the expected value of the game that becomes 0,5 NOK. The probability for each outcome is 50%. Heads : Wins 2 NOK

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Win 20 mill nok - PowerPoint PPT Presentation

Game / Coin Flip