Suppose that you and a friend are playing cards and you decide to make a friendly wager. The bet is that you will draw two cards without replacement from a standard deck. If both cards are hearts, your friend will pay you $16 Otherwise, you have to pay your friend $3

Step2of2:If this same bet is made762times, how much would you expect to win or lose? Round your answer to two decimal places. Losses must be expressed as negative values.