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## Statistics and probability

### Course: Statistics and probability > Unit 9

Lesson 8: More on expected value- Term life insurance and death probability
- Getting data from expected value
- Expected profit from lottery ticket
- Expected value while fishing
- Comparing insurance with expected value
- Expected value with empirical probabilities
- Expected value with calculated probabilities
- Making decisions with expected values
- Law of large numbers

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# Making decisions with expected values

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