document.write( "Question 745598: you draw a card from an ordinary deck. if you draw an ace,you win $5.you win $3 for a face card and 10 for a seven of spades.if you pick anything else, you lose $2. on average,how much money can the operator expect ton make per custome? \n" ); document.write( "
Algebra.Com's Answer #453919 by stanbon(75887) ![]() You can put this solution on YOUR website! you draw a card from an ordinary deck. if you draw an ace,you win $5.you win $3 for a face card and 10 for a seven of spades.if you pick anything else, you lose $2. on average,how much money can the operator expect to make per custome? \n" ); document.write( "---------- \n" ); document.write( "Operator \"win\" values:.........-5....-3.......-10.....+2 \n" ); document.write( "Corresponding probabilities....4/52..12/52....1/52...35/52\r \n" ); document.write( "\n" ); document.write( "----- \n" ); document.write( "Expected(\"win\") = [-20 -36 -10 + 70]/52 = 4/52 = 1/13 of a dollar \n" ); document.write( "--- \n" ); document.write( "Expected \"win\" for the operator = 7.7 cents each time the game is played. \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "==================\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |