Question

Please help! Correct answer only!

In a carnival game, there is a machine that will shuffle a deck of 50 cards numbered from 1 to 50 and then spit one card out. If the number on the card is odd, you win $15. If the number on the card is even, you win nothing. If you play the game, what is the expected payoff?

$___

Answer 1

$1.80

Explanation:

(190+120+90+50)/250= a total expected payoff of 1.8 dollars. Hope this helps!