Suppose an individual plays a gambling game where it is possible to lose $1.00, break even, win $3.00, or win $5.00 each time she plays. Complete the Statement: In the long run, the player can expect to Blank 1 (win or lose?) Blank 2 (Express your answer in two decimal places. Do not include the currency symbol for your answers) for playing the game.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Suppose an individual plays a gambling game where it is possible to lose $1.00, break even, win $3.00, or win $5.00 each time she
plays.
Complete the Statement: In the long run, the player can expect to Blank 1 (win or lose?) Blank 2 (Express your answer in two
decimal places. Do not include the currency symbol for your answers) for playing the game.
Transcribed Image Text:Suppose an individual plays a gambling game where it is possible to lose $1.00, break even, win $3.00, or win $5.00 each time she plays. Complete the Statement: In the long run, the player can expect to Blank 1 (win or lose?) Blank 2 (Express your answer in two decimal places. Do not include the currency symbol for your answers) for playing the game.
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