Question

QUESTION 12

A person pays $2 to play a game using only the hearts from a deck of cards (2-10,J,Q,K, ace). If the person draws a number card (2-10).
they lose. If the player draws a face card ( Q,K), they win $3. If the player draws an ace, they win $io. Find the expected value. Is the
game fair?

Answer 1

the value would be 6 and yes the game is fair