Asked by jessica

you draw from a deck. if you get a red card you win nothing. if you get a spade you win $5. for any club you win $10 plus an extra $20 for the ace of clubs.

A. create a probability model for the amount you win.
B. Find the expected amount you will win.
C. What would you be willing to pay for this game
Answered by sandra
four times the difference of -19 and 3 amounts to -88
Answered by Anonymous
I'm dealing with the same problem
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