Question

A standard deck of cards contains fifty-two cards with thirteen kinds (ace, two, three, four, five, six, seven, eight, nine, ten, jack, queen, king) in each of four suits (spades, hearts, diamonds, and clubs). Consider a bet where you pay $2 to play, and you get paid $15 if you pick an ace in one random pick of one card from a standard deck. What is the expected financial value of this bet? A. [1/13 x $15] – [12/13 x $2] B. [1/13 x $13] – [12/13 x $2] C. [1/13 x $15] – [1/13 x $2] D. [1/13 x $13] – [1/13 x $2]

Name: a standard deck of cards contains fifty two cards with thirteen kinds ace two three four five six seven eight nine ten jack queen king in each of four suits spades hearts diamonds and clubs 06684
Uploaded: 2023-01-07T23:53:10-08:00
Duration: 2 min 7 s
Channel: Steven Clarke
Description: a standard deck of cards contains fifty two cards with thirteen kinds ace two three four five six seven eight nine ten jack queen king in each of four suits spades hearts diamonds and clubs 06684

          A standard deck of cards contains fifty-two cards with thirteen kinds (ace, two, three, four, five, six, seven, eight, nine, ten, jack, queen, king) in each of four suits (spades, hearts, diamonds, and clubs). Consider a bet where you pay $2 to play, and you get paid $15 if you pick an ace in one random pick of one card from a standard deck. What is the expected financial value of this bet?
A. [1/13 x $15] – [12/13 x $2]
B. [1/13 x $13] – [12/13 x $2]
C. [1/13 x $15] – [1/13 x $2]
D. [1/13 x $13] – [1/13 x $2]

Added by Sara V.

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