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Jacob and his friend plays a game with a fair coin. Jacob has to toss the coin. If the coin shows a head, he will receive $40 from his friend. Otherwise, he will receive nothing from his friend. Check the fairness of the game.

Jacob and his friend plays a game with a fair coin. Jacob has to toss the coin. If-example-1

1 Answer

5 votes

Jacob can earn money playing the game but he won't lose any money.

User Charlie Elverson
by
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