Question: Suppose a coin has an unknown probability p that a flip produces a heads. Suppose one is paid $110 is the coin flip is a

Suppose a coin has an unknown probability p that a flip

produces a heads. Suppose one is paid $110 is the coin flip

Suppose a coin has an unknown probability p that a flip produces a heads. Suppose one is paid $110 is the coin flip is a head, and loses $100 if a coin flip is a tails. How would a gambler decide on whether to accept the bet

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