Data task 45: A New Zealand Scholarship candidate must demonstrate synthesis, independence and insight rather than routine recall. A decision yields $45 with probability 0.35 and loses $10 otherwise. What is the expected value?

Data task 45: A New Zealand Scholarship candidate must demonstrate synthesis, independence and insight rather than routine recall. A decision yields $45 with probability 0.35 and loses $10 otherwise. What is the expected value?

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