Which of the following is the best interpretation of the expected value you calc

Question

Which of the following is the best interpretation of the expected value you calculated?

Question 5 options:

The average net winnings from playing this game repeatedly is equal to (the expected value).

In the long run, you would win money playing this game.

If you played this game many many times, you would be expected to win (the expected value) every time.

If you played this game once, you should win (the expected value).

The average net winnings from playing this game repeatedly is equal to (the expected value).

In the long run, you would win money playing this game.

If you played this game many many times, you would be expected to win (the expected value) every time.

If you played this game once, you should win (the expected value).

Explanation / Answer

If you played this game many many times, you would be expected to win (the expected value) every time.

Option c is correct

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