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Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.1: Inner Product Spaces
Problem 14AEXP
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Problem 5. You have two quarters: one is a special two headed quarter and the other is a
standard quarter. Your friend randomly picks one of the coins and tosses it but you do not
see which quarter he picks. The quarter lands on heads. He challenges you to the following
bet. He tells you that if you give him $10 he will turn the coin over. If it shows tails, he will
give you $25. If it shows heads, you lose your money. Is this a good bet for you?
Transcribed Image Text:Problem 5. You have two quarters: one is a special two headed quarter and the other is a standard quarter. Your friend randomly picks one of the coins and tosses it but you do not see which quarter he picks. The quarter lands on heads. He challenges you to the following bet. He tells you that if you give him $10 he will turn the coin over. If it shows tails, he will give you $25. If it shows heads, you lose your money. Is this a good bet for you?
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