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Deshaun has a deck of 10 cards numbered 1 through 10. He is playing a game of chance. This game is this: Deshaun chooses one card from the deck at random. He wins an amount of money equal to the value of the card if an odd numbered card is drawn. He loses $3.40 if an even numbered card is drawn. (a) Find the expected value of playing the game. dollars (b) What can Deshaun expect in the long run, after playing the game many times? (He replaces the card in the deck each time.) O Deshaun can expect to gain money. He can expect to win dollars per draw. O Deshaun can expect to lose money. He can expect to lose dollars per draw. O Deshaun can expect to break even (neither gain nor lose money). S

Deshaun has a deck of 10 cards numbered 1 through 10. He is playing a game of chance. This game is this: Deshaun chooses one card from the deck at random. He wins an amount of money equal to the value of the card if an odd numbered card is drawn. He loses $3.40 if an even numbered card is drawn. (a) Find the expected value of playing the game. dollars (b) What can Deshaun expect in the long run, after playing the game many times? (He replaces the card in the deck each time.) O Deshaun can expect to gain money. He can expect to win dollars per draw. O Deshaun can expect to lose money. He can expect to lose dollars per draw. O Deshaun can expect to break even (neither gain nor lose money). S

Algebra and Trigonometry (MindTap Course List)
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.FOM: Focus On Modeling: The Monte Carlo Method
Problem 3P: Dividing a JackpotA game between two players consists of tossing a coin. Player A gets a point if...
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Deshaun has a deck of 10 cards numbered 1 through 10. He is playing a game of chance. This game is this: Deshaun chooses one card from the deck at random. He wins an amount of money equal to the value of the card if an odd numbered card is drawn. He loses $3.40 if an even numbered card is drawn. (a) Find the expected value of playing the game. dollars (b) What can Deshaun expect in the long run, after playing the game many times? (He replaces the card in the deck each time.) O Deshaun can expect to gain money. He can expect to win dollars per draw. O Deshaun can expect to lose money. He can expect to lose dollars per draw. O Deshaun can expect to break even (neither gain nor lose money). S
Transcribed Image Text:Deshaun has a deck of 10 cards numbered 1 through 10. He is playing a game of chance. This game is this: Deshaun chooses one card from the deck at random. He wins an amount of money equal to the value of the card if an odd numbered card is drawn. He loses $3.40 if an even numbered card is drawn. (a) Find the expected value of playing the game. dollars (b) What can Deshaun expect in the long run, after playing the game many times? (He replaces the card in the deck each time.) O Deshaun can expect to gain money. He can expect to win dollars per draw. O Deshaun can expect to lose money. He can expect to lose dollars per draw. O Deshaun can expect to break even (neither gain nor lose money). S
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