Multiple Choice
You are offered a favorable bet on a coin toss,heads or tails.If you correctly call the result,you gain $20.If your call is incorrect,you lose $10.What is the expected value of information if you could perfectly predict the coin toss?
A) $5
B) $10
C) $15
D) $20
E) $25
Correct Answer:
Verified
Correct Answer:
Verified
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