Fair Game:
A game of chance is said to be fair if each player´s expected payoff is zero. A game in which I roll a die and receive 12 for a 1 or 2 and lose 6 otherwise (3-6) is a fair game.
Fair Game:
A game of chance is said to be fair if each player´s expected payoff is zero. A game in which I roll a die and receive 12 for a 1 or 2 and lose 6 otherwise (3-6) is a fair game.
Planning on taking an introductory statistics course, but not sure if you need to start at the beginning? Review the course description for each of our introductory statistics courses and estimate which best matches your level, then take the self test for that course. If you get all or almost all the questions correct, move on and take the next test.
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