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Question:
2015 Winter Final - 19
Author: Michiel Smid
I flip a fair coin, independently, $n$ times. For each heads, you win \$3, whereas for each tails, you lose \$1. Define the random variable $X$ to be the amount of dollars that you win. What is the expected value of $X$?
(a)
$n/2$
(b)
$2n$
(c)
$n$
(d)
$3n/2$
COMP 2804: Discrete Structures II
COMP 2804 Final Exam
Basic Rules of Probability (5.3)
Expected Values (6.4)