Which of the Following Is a Fair Bet Based on the Toss

question 16

Multiple Choice

Which of the following is a fair bet based on the toss of an unbiased coin?

• A) head: receive $5, tail: lose $5
• B) head: receive $2, tail: lose $3
• C) head: receive $0.5, tail: lose $1
• D) head: lose $3, tail: lose $3

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