Mathematics, 08.04.2020 17:22 lzrd3rik

If you draw a card with a value of four or less from a standard deck of cards, I will pay you $175. If not, you pay me $49. (Aces are considered the highest card in the deck.) Step 1 of 2: 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 four or less from a standard deck of cards, I will pay you $175....

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