Ask Question
18 October, 09:49

If you have a chance to win $500 for drawing a card of 10 of any suit from a standard deck of cards, what is the value of expectation?

A. $100.68 B. $50.52 C. $38.46 D. $24.80

+4
Answers (1)
  1. 18 October, 11:55
    0
    The expected value is $38.46.

    The probability of drawing a 10 from any suit is 4/52. Multiply this by the earnings, 500:

    4/52 (500) = 2000/52 = 38.46
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If you have a chance to win $500 for drawing a card of 10 of any suit from a standard deck of cards, what is the value of expectation? A. ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers