Data task 5: A New Zealand Scholarship candidate must demonstrate synthesis, independence and insight rather than routine recall. A decision yields $25 with probability 0.23 and loses $6 otherwise. What is the expected value?

Data task 5: A New Zealand Scholarship candidate must demonstrate synthesis, independence and insight rather than routine recall. A decision yields $25 with probability 0.23 and loses $6 otherwise. What is the expected value?

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