document.write( "Question 1161071: Is it B? I want to check my answer.\r
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document.write( "A person creates a game in which a person pays $5.00 to play. Then, they draw a single card from a standard shuffled deck of cards.\r
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document.write( "If they draw a face card, they win $10.00 (i.e. they get their $5.00 back and get an extra $5.00).\r
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document.write( "If they draw an ace, they win $20.00 (i.e. they get their $5.00 back and get an extra $15.00).\r
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document.write( "With any other draw they lose their money.\r
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document.write( "What is the expected money value playing this game?\r
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document.write( "A. -$5.00\r
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document.write( "B. -$1.15\r
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document.write( "C. $1.31\r
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document.write( "D. $0.38\r
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document.write( "The deck of cards for the question and the question itself are provided in the link here: https://i.imgur.com/aQBe5Yz.png
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Algebra.Com's Answer #784504 by Theo(13342)![]() ![]() You can put this solution on YOUR website! a face card is a jack, queen, or king. \n" ); document.write( "there are 4 jacks, 4 que4ens, 4 kings in a deck for a total of 12. \n" ); document.write( "p(face card) = 12/52. \n" ); document.write( "there are a total of 4 aces in a deck. \n" ); document.write( "p(ace) = 4/52. \n" ); document.write( "expected value = p(face card) * 10 + p(ace) 8 20 - 5 = -1.153846154. \n" ); document.write( "round to 2 decimal digits = -1.15 \n" ); document.write( "that's selection B which makes you correct. \n" ); document.write( " \n" ); document.write( " |