Daniel went to the perya and played a game. The rule says that the outcome of the game is a random variable from 1 to 14 and that if the outcome is even, he wins ₱50. If the outcome is odd, he wins nothing. Assuming that playing is for free, what is Daniel’s expected gain, if there is any?
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There are 7 odd numbers and 7 even numbers
Then
Daniel’s expected gain is ₱25.