chegg . a game involves selecting a card from a regular 52-card deck and tossing a coin. the coin is a fair coin and is equally likely to land on heads or tails. • if the card is a face card, and the coin lands on heads, you win $6 • if the card is a face card, and the coin lands on tails, you win $2 • if the card is not a face card, you lose $2, no matter what the coin shows. a. find the expected value for this game (expected net gain or loss). construct a pdf and use the ev equation to solve this problem.

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05-10-2022
Mathematics

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chegg . a game involves selecting a card from a regular 52-card deck and tossing a coin. the coin is a fair coin and is equally likely to land on heads or tails. • if the card is a face card, and the coin lands on heads, you win $6 • if the card is a face card, and the coin lands on tails, you win $2 • if the card is not a face card, you lose $2, no matter what the coin shows. a. find the expected value for this game (expected net gain or loss). construct a pdf and use the ev equation to solve this problem.

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