You play a game in which you are dealt one card at random from a standard deck of 52 cards. The payoffs are:
$20 for a face card (a jack, a queen, or a king)
$10 if the number is even (so a 2, 4, 6, 8, or 10)
$5 if the number is odd (so a 1, 3, 5, 7, or 9)
What is the expected value of this game? Choose the best answer.
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Answer:
the expected value of money is $10.38
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Answer:
The answer of this question is 540 dollars
Step-by-step explanation:
20 dolars ,,,,, Thier are 3 face cards of four types each
Therefore ,, total will 3*4 = 12*20 dollars = 240 dollars
Thier are 5 even no. each 4 types
Therefore ,,, 5*4 = 20 *10 = 200 dollars
Their are 5 odd no. each 4 type
Therefore ,,, 5*4 = 20* 5 = 100 dollars
Sum 540 dollars
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