In a gambling game, a player is paid Php 100 if he draws a jack or a queen and Php 200 if he draws a king from an ordinary deck of 52 playing cards. If draws any other card, he losses. How much should he pay to play if the game is fair?

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...
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In a gambling game, a player is paid Php 100 if he draws a jack or a queen and Php 200 if he draws a king from an ordinary deck of 52 playing cards. If draws any other card, he losses. How much should he pay to play if the game is fair?
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