2) Find the expected value of the following game: A coin is tossed until heads appears. You receive $2 to play and that amount is doubled each time tails appears. The game ends when the first H appears. How much would you pay to play this game?

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Q: 6) P(M)

A:

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A:

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A: Probability mass function of X is X1234567 or more P(X)0.250.320.170.150.070.030.01

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Q: 12 % 8 % -4% Cold Drinks ShopWhat is the expected return of investing in an Ice Cream Shop?

A:

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A:

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