Mathematics, 28.09.2021 02:10 Selen13

If you draw a card with a value of two or less from a standard deck of cards, I will pay you $468. If not, you pay me $36. (Aces are considered the highest card in the deck.) Find the expected value of the proposition. Round your answer to two decimal places. Losses must be expressed as negative values.

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If you draw a card with a value of two or less from a standard deck of cards, I will pay you $468. I...

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