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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
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. Step 1 of 2: What is the expected value of your bet? Round your answer to two decimal places. Losses must be expressed as negative values. Answer Tables Keypad How to enter your answer (opens in new window) Keyboard Shortcuts $
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