Define a discrete random variable

Reference no: EM13495383

While playing deck of card ,you bet 10$ for kids and you have 1/38 probability of wining &350 and 37/38 probability of losing $10.if you bet $10 that the outcomes is a club the probability of wining $10 is 18/38 .and the probability of losing $ 10 is 20/39
a)define a discrete random variable
b)if the person bet $10 on for king ,what is your expected value?
c)is the bet on number a king probability distribution?why?
d) if you bet $10 that the outcome is a club,what is your expected value?
e)is the bet on the outcome is and add number a probability distribution?why?
f)which of theses options is best,bet on a king bet on a club,or don't bet ?why?

Reference no: EM13495383

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