A game involving flipping an unbiased coin costs \(1\mbox{ euro}\) to play. If it lands on heads, you earn \(3\mbox{ euro}\). If it lands on tails, you also earn \(3\mbox{ euro}\). What is the expected value of the game?

A game involving flipping an unbiased coin costs \(1\mbox{ euro}\) to play. If it lands on heads, you earn \(3\mbox{ euro}\). If it lands on tails, you also earn \(3\mbox{ euro}\). What is the expected value of the game? What is the expected value after \(5\) games?

A game involving flipping an unbiased coin costs \(1\mbox{ euro}\) to play. If it lands on heads, you earn \(3\mbox{ euro}\). If it lands on tails, nothing happens. What is the expected value of the game?

A game involving flipping an unbiased coin costs \(1\mbox{ euro}\) to play. If it lands on heads, you earn \(3\mbox{ euro}\). If it lands on tails, nothing happens. What is the expected value after \(5\) games?

A game involving flipping an unbiased coin costs \(1\mbox{ euro}\) to play. If it lands on heads, you earn \(3\mbox{ euro}\). If it lands on tails, you lost \(2\mbox{ euro}\). What is the expected value of the game?