document.write( "Question 1177006: If you draw a card with a value of four or less from a standard deck of cards, I will pay you $173. If not, you pay me $48. (Aces are considered the highest card in the deck.)\r
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document.write( "Step 1 of 2 : Find the expected value of the proposition. Round your answer to two decimal places. Losses must be expressed as negative values. \n" );
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Algebra.Com's Answer #805200 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! \r\n" ); document.write( "Hi\r\n" ); document.write( "2,3,4 in each suit: 12 cards 4 or less\r\n" ); document.write( " draw a card from a standard deck:\r\n" ); document.write( "expected value = 12/52($173) - 40/52($48) = $3.00\r\n" ); document.write( "\r\n" ); document.write( "Wish You the Best in your Studies.\r\n" ); document.write( " \n" ); document.write( " \n" ); document.write( " |