- What is his expected profit?
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- If a game gives payoffs of $10 and $100 with probabilities 0.9 and 0.1, respectively, then the expected value of this game is E=0.9+0.1= .If a binomial experiment has probability p success, then the probability of failure is ____________________. The probability of getting exactly r successes in n trials of this experiment is C(_________, _________)p (1p)