Deshaun has a deck of 10 cards numbered 1 through 10. He is playing a game ofchance.This game is this: Deshaun chooses one card from the deck at random. Hewins an amount of money equal to the value of the card if an odd numberedcard is drawn. He loses $3.40 if an even numbered card is drawn.(a) Find the expected value of playing the game.dollars(b) What can Deshaun expect in the long run, after playing the game many times?(He replaces the card in the deck each time.)O Deshaun can expect to gain money.He can expect to win dollars per draw.O Deshaun can expect to lose money.He can expect to losedollars per draw.O Deshaun can expect to break even (neither gain nor lose money).S

Given Favorable outcome =1 Total outcome=10 Loses $3.40

Answered: Deshaun has a deck of 10 cards numbered…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

Salma has a deck of 10 cards numbered 1 through 10. She is playing a game of chance. This game is this: Salma chooses one card from the deck at random. She wins an amount of money equal to the value of the card if an even numbered card is drawn. She loses $3.50 if an odd numbered card is drawn. (a) Find the expected value of playing the game. dollars (b) What can Salma expect in the long run, after playing the game many times? (She replaces the card in the deck each time.) Salma can expect to gain money. She can expect to win dollars per draw. Salma can expect to lose money. She can expect to lose dollars per draw. Salma can expect to break even (neither gain nor lose money). E E
There is a game of chance called "Lightning Dice" at a charity carnival. It costs $2 to play. The player then rolls 4 dice. If the player rolls 3 or more sixes, then the player wins $30. Otherwise, the player wins nothing. How much can you expect to gain or lose if you play this game 68 times?
Ravi is at the grand opening celebration of a supermarket. He spins a wheel with 10 equal-sized slices, as shown below. The wheel has 2 black slices, 4 grey slices, and 4 white slices. When the wheel is spun, the arrow stops on a slice at random. If the arrow stops on the border of two slices, the wheel is spun again. (a) If the arrow stops on a grey slice, then Ravi wins a gift card. Find the odds against Ravi winning a gift card. 0 (b) If the arrow stops on a grey slice, then Ravi wins a gift card. Find the odds in favor of Ravi winning a gift card. X to
A restaurant will select 1 card from a bowl to win a free lunch. Jo puts 5 cards in the bowl. The bowl has 100 cards. What are the odds of Jo winning a free lunch? 1/5 1/10 1/20 1/500
An urn contains 2 one-dollar bills, 1 five-dollar bill and 1 ten-dollar bill. A player draws bills one at a time without replacement from the urn until a ten-dollar bill is drawn. Then the game stops. All bills are kept by the player. Determine: (A) The probability of winning $11. (B) The probability of winning all bills in the urn. (C) The probability of the game stopping at the second draw. iew an example Get more help. (A) What is the probability of winning $11? (Type a decimal or a fraction. Simplify your answer.) Resume F11 Backspace F12 Print Screen Insert Scre Lock D Home M Delete End Pase Break Page Up A DALL Page Num Lock 11 ... (102 Co. Logitech Clear all Kviewed G Check answer lect: D
Jina has a bag with 8 balls numbered 1 through 8. She is playing a game of chance. This game is this: Jina chooses one ball from the bag at random. She wins $1 if the number 1 is selected, $2 if the number 2 is selected, S3 if the number 3 is selected, S4 if the number 4 is selected, and $5 if the number 5 is selected. She loses $5 if 6, 7, or 8 is selected. (If necessary, consult a list of formulas.) (a) Find the expected value of playing the game. | dollars (b) What can Jina expect in the long run, after playing the game many times? (She replaces the ball in the bag each time.) O Jina can expect to gain money. She can expect to win | dollars per selection. O Jina can expect to lose money. She can expect to lose dollars per selection. O Jina can expect to break even (neither gain nor lose money).
Chandler offers you the opportunity to play his $2 game where he shuffles four cards and you must pick the correct one. What is the expected profit per person if the prize is a $1.25 coke for the game?Single line text.
maya is playing a role playing game with her friends. She will roll a dice to determine if her character casts a spell. The odds in favor of her character casting a spell are 8/7. Find the probability of her character casting a spell.
The table below shows the probability of winning 0-5 dollars playing a game. Amount Won ($) 0 1 2 3 4 5 Probability 4/24 7/24 7/24 3/24 2/24 1/24 The stallholder charges $2.50 for each playing of the game. How much money can the stallholder expect to make for the charity on a day when there are 400 plays of the game?
Rodney is going to shoot a total of 9 free-throws to prove he is a better shooter than Chris. During warm-ups Rodney can make 57% of practice shots. The challenge results are as follows… • 9 hits Rodney wins $100 • 6-8 hits Rodney wins $25 • 4-5 No one wins • 0-3 hits Chris wins $15 What is the probability that Rodney makes 7 shot?
Kim is playing scrabble. What is the probability she chooses the tiles with the letters of her name, in order, when she draws three tiles from the bag? (Assume that when she begins there is one tile of each letter in the alphabet.

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS