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Question
An unbiased coin is tossed 5 times. Suppose that a variable X is assigned the value of k when k consecutive heads are obtained for k = 3, 4, 5, otherwise X takes the value -1. Then the expected value of X, is :
$ - {3 \over {16}}$
$ - {1 \over 8}$
${1 \over 8}$
${3 \over {16}}$

Solution

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