Mathematics, 05.06.2020 02:01 jacquelineS7691

A game advertises, EVERYONE IS A WINNER! It costs $2 to play. You get to choose a card from a standard deck of 52 playing cards. If you choose a red card, you win $3. If you choose a black card, you get $1. What is the expected value of playing this game? $0

$1

$2

$3

Answers: 2

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A game advertises, EVERYONE IS A WINNER! It costs $2 to play. You get to choose a card from a standa...

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A game advertises, EVERYONE IS A WINNER! It costs $2 to play. You get to choose a card from a standard deck of 52 playing cards. If you choose a red card, you win $3. If you choose a black card, you get $1. What is the expected value of playing this game? $0$1$2$3

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Another question on Mathematics

A game advertises, EVERYONE IS A WINNER! It costs $2 to play. You get to choose a card from a standard deck of 52 playing cards. If you choose a red card, you win $3. If you choose a black card, you get $1. What is the expected value of playing this game? $0

$1

$2

$3