0. 0.02 1 0.10 0.36 3 0.52 M:2.38 0=0.75 7. For the probability distribution X~B(39,0.72), find the mean and the standard dev P.5 Expected Value 8. You play a game by drawing a card from a standard deck of cards. You must pay If you draw an Ace, you win $25. If you draw a King, you win $10. If you draw card, you win nothing. Find the expected value. Is this a good game for you to p There are 4 Aces and 4 Kings in a standard deck of 52 cards).

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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0.
0.02
1
0.10
0.36
3
0.52
M:2.38 0= 0.75
7. For the probability distribution X~B(39,0.72), find the mean and the standard deviation.
P.5 Expected Value
8. You play a game by drawing a card from a standard deck of cards. You must pay $3 to pla
If you draw an Ace, you win $25. If you draw a King, you win $10. If you draw any other
card, you win nothing. Find the expected value. Is this a good game for you to play? (Not«
There are 4 Aces and 4 Kings in a standard deck of 52 cards).
Transcribed Image Text:0. 0.02 1 0.10 0.36 3 0.52 M:2.38 0= 0.75 7. For the probability distribution X~B(39,0.72), find the mean and the standard deviation. P.5 Expected Value 8. You play a game by drawing a card from a standard deck of cards. You must pay $3 to pla If you draw an Ace, you win $25. If you draw a King, you win $10. If you draw any other card, you win nothing. Find the expected value. Is this a good game for you to play? (Not« There are 4 Aces and 4 Kings in a standard deck of 52 cards).
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