document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1117904>Question 1117904</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Dawn and Mike play the following game. Dawn picks a card from a deck of cards. If she selects a black king, Mike will give her $5. If not, she has to give Mike $2. Should dawn play this game? What is her expected value? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #733086 by </B><A HREF=/tutors/aboutme.mpl?userid=Boreal><B>Boreal(15235)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Boreal><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Boreal><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=733086\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> There are two black kings and probability is 1/26 of being chosen and the monetary expected value is +$5/26.<BR>\n" );
document.write( "For the probability of not getting one, 25/26, the monetary expected value is -$50/26<BR>\n" );
document.write( "Her expected loss is -$45/26.  Not worth playing. </SPAN>\n" );
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