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Kyd and North are playing a game. Kyd selects one card from a standard 52-card deck. If Kyd selects a face card (Jack, Queen, or King), North pays him $4. If Kyd selects any other type of card, he pays North $2.
a) What is Kyd's expected value for this game? Round your answer to the nearest cent.
b) What is North's expected value for this game? Round your answer to the nearest cent.
c) Who has the advantage in this game?
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