A fair coin is tossed twice

MATHEMATICS · Single correct · AP · AP Statistics · Probability Random Variables Distributions · Probability Random Variables Distributions

Problem

A fair coin is tossed twice. You earn Rs 3 for every head that appears and nothing for a tail. After observing that the first toss is a head, what is your expected total earning from the two tosses? (a) Rs 3\text{Rs }3 (b) Rs 6\text{Rs }6 (c) Rs 4.5\text{Rs }4.5 (d) Rs 3.5\text{Rs }3.5

Related theory

Browse the problem library