friend proposes a bet on the basketball court. You get to attempt one free throw. If you make the free throw, your friend will pay you $20. If you miss the free throw, you will pay your friend $25. Based on your past performance on the court, you estimate the probability that you will make the free throw to be 65%. Should you take the bet? Why or why not?
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Answer:
you shall not take the bet
Step-by-step explanation:
If you take the bet then it would risky because your winning probability is only 65% .
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