Consider a Game That Pays 2ⁿ Cents If the First

question 111

Multiple Choice

Consider a game that pays 2ⁿ cents if the first tail is on the n^th toss of a fair-headed coin.Determine expected value of this game.

• A)1 cent.
• B)2 dollars.
• C)infinite cents.
• D)there is insufficient information to determine the expected value of this gamble.

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