Mathematics, 30.09.2019 00:30 dakotaadkins20

Uppose you select a random card from a standard deck of
52
cards and no jokers. if you draw a face card (king, queen, or jack), you win
$5
. if you draw an ace, you win
$20
. if you draw any other card, you lose
$2
. what is the expected profit from any one draw?

Answers: 1

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Uppose you select a random card from a standard deck of 52 cards and no jokers. if you draw a face card (king, queen, or jack), you win $5 . if you draw an ace, you win $20 . if you draw any other card, you lose $2 . what is the expected profit from any one draw?

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Another question on Mathematics

Uppose you select a random card from a standard deck of
52
cards and no jokers. if you draw a face card (king, queen, or jack), you win
$5
. if you draw an ace, you win
$20
. if you draw any other card, you lose
$2
. what is the expected profit from any one draw?