Question

Please help! Multiple choice!

The words and numbers in the brackets are the choices.

A game has 3 possible outcomes:

The first outcome has probability of 1/6. The result is winning $12.
The second outcome has probability of 1/3. The result is winning $3.
The third outcome has probability of 1/2. The result is losing $8.

In the long run, you will [win, lose] $[1, 7] per game.

Answer 1

In the long run, you will lose $1 a game