round probabilities to four decimal places. You draw one card from a deck of 52 cards....

Question

Question

round probabilities to four decimal places. You draw one card from a deck of 52 cards....

round probabilities to four decimal places.

You draw one card from a deck of 52 cards. If you get a heart, you win $18. If you get anything else you pay $5. Note: There are 13 hearts in the deck.

a. What is the probability of winning the game?

b. What is the expected value of the game?

c. If you play the game 100 times, what is your expected gain or loss?

math Statistics-And-Probability

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Add a comment

Answer 2

Similar Homework Help Questions

7. Uncle Sam invites you to draw a card from a full deck of playing cards....

7. Uncle Sam invites you to draw a card from a full deck of playing cards. You must pay $2 to play but you have a chance to win S13 if you draw an a (a) (4 points) Complete the following table. ce. (2) エ, your net winning probability of your net winning (b) (2 points) Find the expected value for each draw.
You have a deck of cards. You pull one card. If it is a heart, you...

You have a deck of cards. You pull one card. If it is a heart, you win $5. If it is a black card, you lose $15. If it is the ace of diamonds, you win $50. Otherwise, you win $1. What is the expected value for this game? Should you play this game?
Q2) suppose we draw a card from a deck of playing cards. (There are 52 cards...

Q2) suppose we draw a card from a deck of playing cards. (There are 52 cards in a deck) a) What is the probability that we draw a spade? B) What is the probability of getting a heart card given that it is red (heart and diamond) card?

In a standard deck of cards (52 cards), suppose you draw one card. What is the...

In a standard deck of cards (52 cards), suppose you draw one card. What is the probability that you get either a King or a black card?
You draw 5 cards from a standard deck of 52 cards. If X is a random...

You draw 5 cards from a standard deck of 52 cards. If X is a random variable that represents the number of hearts you get, calculate the following: The probability of 3 or more hearts The expected number of hearts. Describe what this number means.
Play Your Cards Right Obtain a standard deck of 52 playing cards. Mix them well and count out 25 cards WITHOUT LOOKING AT THEM. Put aside the remaining cards. You are going to perform an experime...

Play Your Cards Right Obtain a standard deck of 52 playing cards. Mix them well and count out 25 cards WITHOUT LOOKING AT THEM. Put aside the remaining cards. You are going to perform an experiment to estimate the probablity of drawing a club, a diamond, a heart, and a spade from your deck of 25 cards. A. Mix the 25 cards well Draw one card. Record its occurrence in the approprlate box. below B. Replace the card and shuffle...

Consider the following card game with a well-shuffled deck of cards. If you draw a red...

Consider the following card game with a well-shuffled deck of cards. If you draw a red card, you win nothing. If you get a spade, you win $5. For any club, you win $12 plus an extra $15 for the ace of clubs. Let Xi denote the possible winnings in this scenario How much should one pay to play so this game breaks even?
A standard deck of cards contains 52 cards. One card is selected from the deck. (a)...

A standard deck of cards contains 52 cards. One card is selected from the deck. (a) Compute the probability of randomly selecting a two or four. (b) Compute the probability of randomly selecting a two or four or ace. (c) Compute the probability of randomly selecting a three or heart.
5. (10) A standard deck of cards contains 52 cards. (Round to THREE decimal places as...

5. (10) A standard deck of cards contains 52 cards. (Round to THREE decimal places as needed.) Compute the probability of randomly selecting a heart or spade if one card is selected from the deck randomly a. Compute the probability of randomly selecting a heart or spade or club if one card is selected from the deck randomly. b. c. Compute randomly. the probability of randomly selecting a two or diamond if one card is selected from the deck d....

We draw 5 cards randomly, and without replacement, from a standard 52-card deck. Find the probability...

We draw 5 cards randomly, and without replacement, from a standard 52-card deck. Find the probability that we get (a) three cards of one suit and two of another (b) at least three hearts

round probabilities to four decimal places. You draw one card from a deck of 52 cards....

Homework Answers

Add Answer to:
round probabilities to four decimal places. You draw one card from a deck of 52 cards....

Post as a guest

Earn Coins

7. Uncle Sam invites you to draw a card from a full deck of playing cards....

You have a deck of cards. You pull one card. If it is a heart, you...

Q2) suppose we draw a card from a deck of playing cards. (There are 52 cards...

In a standard deck of cards (52 cards), suppose you draw one card. What is the...

You draw 5 cards from a standard deck of 52 cards. If X is a random...

Play Your Cards Right Obtain a standard deck of 52 playing cards. Mix them well and count out 25 cards WITHOUT LOOKING AT THEM. Put aside the remaining cards. You are going to perform an experime...

Consider the following card game with a well-shuffled deck of cards. If you draw a red...

A standard deck of cards contains 52 cards. One card is selected from the deck. (a)...

5. (10) A standard deck of cards contains 52 cards. (Round to THREE decimal places as...

We draw 5 cards randomly, and without replacement, from a standard 52-card deck. Find the probability...

round probabilities to four decimal places. You draw one card from a deck of 52 cards....

Homework Answers

Add Answer to: round probabilities to four decimal places. You draw one card from a deck of 52 cards....

Post as a guest

Earn Coins

Add Answer to:
round probabilities to four decimal places. You draw one card from a deck of 52 cards....