Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws two spades in succession from a standard deck of 52 cards replacing the first card, you give him $50. Otherwise, he pays you $10. If the same bet was made 30 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary.
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Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws two spades in succession from a standard deck of 52 cards replacing the first card, you give him $50. Otherwise, he pays you $10. If the same bet was made 30 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary.
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- Suppose that you and a friend are playing cards and decide to make a bet. If you draw two clubs in succession from a standard deck of 52 cards without replacing the first card, you win $40. Otherwise, you pay your friend $10. If the same bet was made 25 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary. Win: Lose:In a gambling game, a woman is paid $9 if she draws a nine or an ace and $12 if she draws a four or a jack from an ordinary deck of 52 playing cards. If she draws any other card, she loses. How much should she pay to play if the game is fair? If the game is fair, the woman should play $ to play. (Type an integer or a decimal. Round to the nearest cent as needed.)A new game is being introduced at the Hard Rock Cafe. A ball is spun around a wheel until it comes to rest in one of many spots. Whatever is listed in that spot will be the player's winnings. If the wheel has 20 spots labeled $1, 13 spots labeled $2, and 2 spots labeled $10, how much should a player expect to win on average? Round to the nearest cent. Your Answer:
- A new game is being introduced at the Hard Rock Cafe. A ball is spun around a wheel until it comes to rest in one of many spots. Whatever is listed in that spot will be the player's winnings. If the wheel has 7 spots labeled $1, 9 spots labeled $2, and 9 spots labeled $10, how much should a player expect to win on average? Round to the nearest cent.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 diamonds, you friend will pay you $29 otherwise you have to pay your friend $4. If this same bet is made 891 times, how much would you except to win or lose. Round your answer to two decimal places. Losses must be expressed as negative values.A man went to Atlantic City with $2000 and placed 100 bets of $20 each, one after another, on the same number on the roulette wheel. There are 38 numbers on the wheel, and the gaming casino pays 35 times the amount bet if the ball drops into the bettor’s numbered slot in the roulette wheel. In addition, the bettor receives back the original $20 bet. Estimate how much money the man is expected to win or lose in Atlantic City.
- A raffle is being held to benefit the local animal shelter. They sell 626 tickets that do not win any prize, 17 tickets that win a free adoption (valued at $20), and one ticket that wins $111 worth of pet supplies and toys. If they are selling the tickets for $5 each, how much should the shelter expect to earn for each ticket sold? Round to the nearest cent, as needed.A pair of fair dice is rolled once. Suppose that you lose $11 if the dice sum to 3 and win $12 if the dice sum to 10 or 2. How much should you win or lose if any other number turns up in order for the game to be fair? To keep the game fair, you should 2$ if the dice sum to any other number. (Do not round until the final answer. Then round to the nearest cent as needed.)Suppose that you and a friend are playing cards and decide to make a bet. If you draw three twos in succession from a standard deck of 52 cards without replacement, you win $100. Otherwise, you pay your friend $10. If the same bet was made 25 times, how much would you expect to win or lose?