Question

Kara is playing a game where she flips a coin 3 times. She wins and loses different amounts of money based on the outcomes. What is the EXPECTED VALUE for the game?

Answer 1

That is all what is given

Answer 2

The EXPECTED VALUE formula is
\[\sum_{~}^{~}x_{i}p_{i}\]
Where x is all the possible outcomes, and p is each probability.