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Mathematics, 19.11.2020 04:30 Ericapab

A card is drawn from a standard 52-card deck. Calculate the expected value for the game. A player must pay 8 dollars to play the game, which must be subtracted from the winnings. If a diamond is drawn, the player wins 23 dollars;
otherwise, they lose their 8 dollars. Calculate the price that would make the game fair.

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A card is drawn from a standard 52-card deck. Calculate the expected value for the game. A player mu...
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