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Computing expected value in a game of chance ivanna has a deck of 10 cards numbered 1 through 10. She is playing a game of

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Computing expected value in a game of chance ivanna has a deck of 10 cards numbered 1 through 10. She is playing a game of chance. This game Is this: Ivanna chooses one card from the deck at mndom. She wins .3" amount of money equal to the value of the card If an odd numbered card is drawn. She loses $3. 40 if an even numbered card is drawn. ' (3) Find the gm\": of playing the game. [1 dollars (b) What can ivanna expect in the long run, after playing the game many times? (She replaces the card In the deck each time.) O Ivanna can expect to gain money. she can expect to win D dollars per draw. O lvanna can expect to lose money. She can expect to lose 1] dollars per draw. l 0 Name can expect to break even (neither gain nor lose money)

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