Question: Please Answer the Following question in detail. Answer should be correct please. A game of chance requires you to pay $5 to play. Which of

Please Answer the Following question in detail.

Answer should be correct please.

A game of chance requires you to pay $5 to play. Which of the following expected values would make it profitable in the long run?

Group of answer choices

Expected value of $3

Expected value of $7

Expected value of $1

Expected value of $5

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