2. In a playing card, a woman is paid P300 if she draws a jack or a queen and P500 if she draws a king or an ace from an ordinary deck of 52 playing cards. If she draws any other card, she will pay P200. How much is the expected value of her winning?

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CT: Chapter Test
Problem 15CT
icon
Related questions
Question
2. In a playing card, a woman is paid P300 if she draws a jack or a queen and
P500 if she draws a king or an ace from an ordinary deck of 52 playing cards, If
she draws any other card, she will pay P200. How much is the expected value of
her winning?
Transcribed Image Text:2. In a playing card, a woman is paid P300 if she draws a jack or a queen and P500 if she draws a king or an ace from an ordinary deck of 52 playing cards, If she draws any other card, she will pay P200. How much is the expected value of her winning?
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:
9781305071742
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL