Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

You are playing a game where you draw a card from a standard deck, and you will win $13 if you draw a face card,
$3 if you draw an ace and lose $5 if you draw any other card. What is the expected gain from this game?

Round your final answer to the nearest cent.

Sagot :

jcherry99

Answer:

Step-by-step explanation:

win

There are 3 face cards / suit. Every suit contains a Jack, Queen, and king.

There are 4 suits so the number of face cards is 3*4 =  12

There is 1 ace / suit

There are 4 suits so the number of aces is 1 * 4 = 4

The gain from the face cards = 12 * 13 = 156

The gain from the aces = 4 * 3 =               12

Total gain = 168

Losses

Any other card costs you $5

How many cards is that? 52 - 16 = 36

Each one costs 5 dollars

Total loss = 5 * 36 = 180

So each time you play the game, you can expect to lose 180 - 68 = 12 dollars. You should walk away quickly from this one.

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.