What expectation does a person with $15 have who bets on heads, beginning with a $1 bet,

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What expectation does a person with $15 have who bets on heads, beginning with a $1 bet, and uses the doubling technique, if the bettor resolves to play just four times and quit?

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Introduction To Logic

ISBN: 9781138500860

15th Edition

Authors: Irving M. Copi, Carl Cohen, Victor Rodych

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