Oscar is playing a simple card game.  The game is played by the player picking a card from a deck.  If the player picks any face cards, they wins $20.  If the player picks any other cards, they lose $10.  Let X be the random variable representing the $ amount Oscar will win/ lose from this game.  (a) Fill in the probability distribution of X.  Leave the probability as a fraction.     X P(X) Win $   Lose  $     (b) Calculate the expected value of X.  Round your answer to the nearest hundredth of a dollar.  (for example if the answer is 43.5478, then round to 43.55).   The expected value

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Oscar is playing a simple card game.  The game is played by the player picking a card from a deck.  If the player picks any face cards, they wins $20.  If the player picks any other cards, they lose $10.  Let X be the random variable representing the $ amount Oscar will win/ lose from this game. 

(a) Fill in the probability distribution of X.  Leave the probability as a fraction.  

  X P(X)
Win $  
Lose  $  

 

(b) Calculate the expected value of X.  Round your answer to the nearest hundredth of a dollar.  (for example if the answer is 43.5478, then round to 43.55).   The expected value is $

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