Your friend offers to place a bet with you. He will pay you $2 if your favorite sports team wins the game on Tuesday night.  But you will pay him $3 if his team wins.  Your team has an 60% chance of winning, whereas his only has a 40% chance.  This bet is in your favor.  True or False.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Your friend offers to place a bet with you. He will pay you $2 if your favorite sports team wins the game on Tuesday night.  But you will pay him $3 if his team wins.  Your team has an 60% chance of winning, whereas his only has a 40% chance.  This bet is in your favor.  True or False.


 
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