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You are playing a game by drawing a card from a standard deck and replacing it. If the card is a face card, you win
You are playing a game by drawing a card from a standard deck and replacing it. If the card is a face card, you win $6If it is not a face card, you pay $4. There are 12 face cards in a deck of 52 cards.
1. How much money you expect to win for this game? Round your answer to 2 decimal places as needed, and do not include the dollar sign in your answer.
2. And with what standard deviation. Use the previous answer to complete the calculation. Round your answer to 2 decimal places as needed.
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