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anonymous
 5 years ago
A card is drawn at random from a standard deck of playing cards. You win $1 if you draw a seven and $24 if you draw an ace. Otherwise you loose $2. What is the expected value of the game?
anonymous
 5 years ago
A card is drawn at random from a standard deck of playing cards. You win $1 if you draw a seven and $24 if you draw an ace. Otherwise you loose $2. What is the expected value of the game?

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ishan u in which standard

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0ok have u given NTSE AND NSTSE

anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0Probability of getting a 7 = 1/13 Probability of getting an Ace = 1/13 Probability of not winning = 11/13 Money totals: $2*1/13 + $24*1/13 $2*11/13 = $4/13
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