Consider the following card game with a well-shuffled deck of cards. Each time you draw a card,
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Question:
Consider the following card game with a well-shuffled deck of cards. Each time you draw a card, the cost is $5. If you draw a spade or club, you win nothing. If you draw a heart, you win $3. For any diamond, you win $8.
Find the expected winnings for a single game.
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