Question

A 5-card hand is dealt from a standard 52-card deck. If the 5-card hand contains at least one four, you win $12; otherwise, y

0 0
Add a comment Improve this question Transcribed image text
Answer #1

solution:

probability containing at least one 4 =1-P(no four) =1-(48C5)/(52C5) =1-1712304/2598960=0.341158

therefore expected value of the game =E(x)= expected gain -expected loss =12*0.341158-3*(1-0.341158) =2.1173

Add a comment
Know the answer?
Add Answer to:
A 5-card hand is dealt from a standard 52-card deck. If the 5-card hand contains at...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT