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A game costs $10 dollars to play. The player draws 2 cards from 12 face cards (4 kings, 4 queens, and 4 jacks) (without replacement)
A game costs $10 dollars to play. The player draws 2 cards from 12 face cards (4 kings, 4 queens, and 4 jacks) (without replacement) and for each king card drawn, the player gets $7. Let X be the number of king cards among the 2 drawn cards. What is the expected value of total profit/loss from playing this game? (profit = earning from playing game - cost to play game)?
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