A game is played using a standard 52-card deck. The player pays $4.00 to play and gets to pick one card at random from the deck. If the player picks an ace, they win $13.00. If they pick a face card, they win $7.00. If the player picks a numbered card, they win $3.00. What is the expected value of the game? The game's expected value is?
A game is played using a standard 52-card deck. The player pays $4.00 to play and gets to pick one card at random from the deck. If the player picks an ace, they win $13.00. If they pick a face card, they win $7.00. If the player picks a numbered card, they win $3.00. What is the expected value of the game? The game's expected value is?
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.4: Expected Value
Problem 19E: Lottery In a 6/49 lottery game, a player pays $1 and selects six numbers from 1 to 49. Any player...
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A game is played using a standard 52-card deck. The player pays $4.00 to play and gets to pick one card at random from the deck. If the player picks an ace, they win $13.00. If they pick a face card, they win $7.00. If the player picks a numbered card, they win $3.00.
What is the
The game's expected value is?
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