Jac tosses an unbiased coin. If the coin lands with head up on each toss, he wins Php50. However, if it lands with tail up, he loses Php60. If he continues to play the game, how much can he expect to win or lose?

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
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Jac tosses an unbiased coin. If the coin lands with head up on each toss, he wins Php50. However, if it lands with tail up, he loses Php60. If he continues to play the game, how much can he expect to win or lose?
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