document.write( "Question 1023703: A card game goes like this: You draw a card from a 52-card deck. If it is a face card (jack, queen or king), you win $5; otherwise, you lose $2. What is your expected value for this game? (Round your answer to one decimal place.) \n" ); document.write( "
Algebra.Com's Answer #639160 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A card game goes like this: You draw a card from a 52-card deck. If it is a face card (jack, queen or king), you win $5; otherwise, you lose $2. What is your expected value for this game? (Round your answer to one decimal place.) \n" ); document.write( "------- \n" ); document.write( "Random \"winnings\":: 5.......-2 \n" ); document.write( "Probabiities:::::: 12/52...40/52 \n" ); document.write( "---------------------------------- \n" ); document.write( "E(x) = [12*5 -40*2]/52 = -20/52 = -$0.40 \n" ); document.write( "---------------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "-------------- \n" ); document.write( " |