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a game is set up as follows: all the diamonds are removed from  a deck of cards, and thjese 13 cards are placed in a bag. the cards are mixed up and then one card is chosen at random (and then replaced) the player wins according to these rules: if the ace is drawn, the player loses $20 If a face card is drawn the player wins $10 if any card (2-10) os drawn the player wins $2 how much should be charged to play this game in order for it to be fair?

a game is set up as follows: all the diamonds are removed from  a deck of cards, and thjese 13 cards are placed in a bag. the cards are mixed up and then one card is chosen at random (and then replaced) the player wins according to these rules: if the ace is drawn, the player loses $20 If a face card is drawn the player wins $10 if any card (2-10) os drawn the player wins $2 how much should be charged to play this game in order for it to be fair?

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 61E: Roulette American roulette is a game in which a wheel turns on a spindle and is divided into 38...
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a game is set up as follows: all the diamonds are removed from  a deck of cards, and thjese 13 cards are placed in a bag. the cards are mixed up and then one card is chosen at random (and then replaced) the player wins according to these rules:

if the ace is drawn, the player loses $20

If a face card is drawn the player wins $10

if any card (2-10) os drawn the player wins $2

how much should be charged to play this game in order for it to be fair?

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