What is the expected value to you of the following game : You and another person have 3 coins each. You both flip all of your coins and if your three coins show the same number of tails as the other person, you pay them $2, otherwise they pay you $1.
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Home » Mathematics » What is the expected value to you of the following game : You and another person have 3 coins each. You both flip all of your coins and if your three coins show the same number of tails as the other person, you pay them $2, otherwise they pay you $1.