In a new card game, you start by paying $40.6. From a well-shuffled full deck of cards draw 3 cards without replacement. If you draw 3 hearts, you win $146. If you draw 3 black cards, you win $186.83. For any other draws, you win nothing. What is your expected winnings in this game? Round your answer to five decimal places.
In a new card game, you start by paying $40.6. From a well-shuffled full deck of cards draw 3 cards without replacement. If you draw 3 hearts, you win $146. If you draw 3 black cards, you win $186.83. For any other draws, you win nothing. What is your expected winnings in this game? Round your answer to five decimal places.
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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Transcribed Image Text:In a new card game, you start by paying $40.6. From a well-shuffled full deck of cards draw
3 cards without replacement. If you draw 3 hearts, you win $146. If you draw 3 black cards,
you win $186.83. For any other draws, you win nothing. What is your expected winnings in
this game? Round your answer to five decimal places.
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