-What is the expected gain from this game?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 3ECP: You toss two six-sided dice. What is the probability that the total of the two dice is 5?
icon
Related questions
Question
100%
You are playing a game where you draw a card from a standard deck, and you will win $10 if you draw a face
card, $10 if you draw an ace and lose $2 if you draw any other card. What is the expected gain from this game?
Round your final answer to the nearest cent.
Transcribed Image Text:You are playing a game where you draw a card from a standard deck, and you will win $10 if you draw a face card, $10 if you draw an ace and lose $2 if you draw any other card. What is the expected gain from this game? Round your final answer to the nearest cent.
Expert Solution
steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning