in which the player has a 5% chance of winning $40, a 15% chance of winning $8, and an 80% chance of losing $1. Ahmed, inspired by Antoine, goes to the casino and plays the game twice. Assume that the outcomes of the two games are independent.The mean (or expected value) of Ahmed’s total winnings from the two games
is
A) $3.30
B) $4.80
C) $1.60
D) -$2.20