You and a friend play the following game: you flip a fair coin. If it comes up heads, you pay $1. If it comes up tails,

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answerhappygod
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You and a friend play the following game: you flip a fair coin. If it comes up heads, you pay $1. If it comes up tails,

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You and a friend play the following game: you flip a fair coin.If it comes up heads, you pay $1. If it comes up tails, your friendrolls a die. If the result is an even number, your paid $2; if theresult is an odd number, then you pay your friend $3. What is yourexpected payoff–that is, the average amount you will win orlose?
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