SOLUTION: At a carnival a player gets to select one card from a deck.the player gets the number of dollars equal to the denomination of the card selected...$1 for an ace, $2 for a 2, $3 for
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Question 879644: At a carnival a player gets to select one card from a deck.the player gets the number of dollars equal to the denomination of the card selected...$1 for an ace, $2 for a 2, $3 for a 3,.....$10 for a 10, $11 for a Jack, $12 for a queen and $13 for a king.
What is the fair price to pay to play this game , i.e,What is the expectation of this game? Answer by edjones(8007) (Show Source):