## anonymous one year ago Bill and Larry toss two coins. If both coins come up heads, Bill pays Larry $4. Larry pays Bill$1 otherwise. Question: Bill and Larry play the game 100 times, and Larry comes out $23 ahead. Use only empirical information to estimate the expected value of this game for Bill and the expected value for Larry. • This Question is Closed 1. misty1212 HI!! 2. misty1212 just use the data, not the true probabilities right? guess that other info is there to confuse you 3. misty1212 Larry wins$23 so i guess Bill loses \$23 averaged over the 1000 games his expected value is $-\frac{23}{1000}=-0.023$

4. misty1212

and for larry it is the same, but positive $0.023$

5. misty1212

about $$2.3$$ cents per game

6. anonymous

thank you so much!! @misty1212