# Fair is foul. Someone has a weighted coin that lands heads up with probability 2/3 and tai

**Question description**

Fair is foul. Someone has a weighted coin that lands heads up with probability 2/3 and tails up with probability 1/3. If the coin comes up heads, you pay $1; if the coin comes up with tails, you receive $1.50. What is the expected value of this game? Would you play? Why or why not? Explain your reasoning.

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