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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
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.
Construct a probability model for the amount you win at this game.
Group of answer choices
i | 1 | 2 | 3 | Total |
xi | -5 | -2 | 3 | |
P(X=xi) | 0.5 | 0.25 | 0.25 | 1.00 |
i | 1 | 2 | 3 | Total |
xi | -5 | -2 | 3 | |
P(X=xi) | 0.25 | 0.25 | 0.50 | 1.00 |
i | 1 | 2 | 3 | Total |
xi | 0 | 3 | 8 | |
P(X=xi) | 0.5 | 0.25 | 0.25 | 1.00 |
i | 1 | 2 | 3 | Total |
xi | 0 | 3 | 8 | |
P(X=xi) | 0.25 | 0.5 | 0.25 | 1.00 |
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