A card is drawn at random from a standard deck of 52 cards. If a card is a face card, the player wins 15.00 php. If it is not, the player loses 5.00 php. Find the expected profit in the long run?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section: Chapter Questions
Problem 29T
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A card is drawn at random from a standard deck of 52 cards. If a card is a face card, the player wins 15.00
php. If it is not, the player loses 5.00 php. Find the expected profit in the long run?
Transcribed Image Text:A card is drawn at random from a standard deck of 52 cards. If a card is a face card, the player wins 15.00 php. If it is not, the player loses 5.00 php. Find the expected profit in the long run?
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