Find the expected value of the game

Reference no: EM13970253

1 A card is drawn at random from a deck consisting of cards numbered 2 through 10. A player wins 1 dollar if the number on the card is odd and loses 1 dollar if the number if even. What is the expected value of his win- nings?

2 A card is drawn at random from a deck of playing cards. If it is red, the player wins 1 dollar; if it is black, the player loses 2 dollars. Find the expected value of the game.

Reference no: EM13970253

Questions Cloud

Are x and y independent : A die is rolled twice. Let X denote the sum of the two numbers that turn up, and Y the difference of the numbers (specifically, the number on the first roll minus the number on the second). Show that E(XY ) = E(X)E(Y ). Are X and Y independent?

Find the expected winnings for this bet : If a player bets a dollar on black, and if the ball stops on a black number, he gets his dollar back and another dollar. If the ball stops on a red number or on 0 or 00 he loses his dollar. Find the expected winnings for this bet.

Write about block elements vs inline elements : In this learning activity, I discussed a tag (inline element) and a tag (block element). Knowing the difference between an inline element and a block element is very important.

What is the students expected height : A student is chosen at random. What is the student's expected height - Find the expected value for his winnings.

Find the expected value of the game : What is the expected value of his winnings - Find the expected value of the game

Lack of availability of web fonts : However by placing these on your website server, you are increasing files sizes and in turn decreasing download speeds. Another problem are licensing issues involved with fonts using this method.

Analyze trend analysis for their potential impact on busines : Analyze the trend analysis for their potential impact on the business. Use mean and correlation to quantify comparative sets of data. Perform qualitative analysis on the mean and correlation as basis of reviewing business performance

Write a program to simulate the queue size : Write a program to simulate the queue size. Use this simulation to help formulate a conjecture containing conditions on µ and λ that will ensure that the queue will have times when it is empty.

Web designers have moved away from doing the coding in html5 : Could you elaborate what exactly you meant about web designers moving away from doing the coding in HTML5?

User Account

All Pages