Multiple Choice
You are watching the Inter Milan vs.Barcelona Champions League game with your best friend Joe.You make a deal with Joe:
If Barcelona wins,you walk away with $110.
If Inter Milan wins,you walk away with $50.
If you paid $100,what is your expected return assuming that each team has an equal probability of winning?
A) -0.21
B) -0.22
C) -0.20
D) -0.23
E) -0.24
Correct Answer:
Verified
Correct Answer:
Verified
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