Question #2004235: Probability Problems

Question: A standard deck of cards has 52 cards in four suites. A friend offers you the following game: The cards are spread out, face down. You draw one card. If it is an ace, she pays you $5. If it’s a King or Queen, she pays $2. In all other cases, you pay her $1. Let X represent your winnings.

a) Find the probability function of X.

b) Should you play?

Solution: The solution consists of 157 words (1 page)
Deliverables: Word Document

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