Expected value applies based on possible values. It works well in dice throwing or roulette. In this case, it does not apply, as $25 million is not a possible value. There are only two values: 0 or $50 million (green button).
Expected value applies based on possible values. It works well in dice throwing or roulette. In this case, it does not apply, as $25 million is not a possible value. There are only two values: 0 or $50 million (green button).
