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A carnival game allows you to draw one card from a standard deck of 52 cards. If you draw a red, face card (King, Queen
A carnival game allows you to draw one card from a standard deck of 52 cards. If you draw a red, face card (King, Queen or Jack), you win $5. If you draw a black card under 7 (2, 3, 4, 5, or 6), then you win $3. If you draw anything else, you win nothing. What is the expected value of this game?
a. -$0.15
b. $1.15
c. $1.77
d. $0.15
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