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You mean the E[V] is 103,000. He still gets to keep the 100,000 he withdrew and re-deposit it.
by chinchilla2020 2y ago
You mean the E[V] is 103,000. He still gets to keep the 100,000 he withdrew and re-deposit it.
- throwaway482945 2y agoI wouldn't consider the original 100K to be part of the expected value since that's money they already have, not money they're winning...