QUESTION 10. A casino offers a game that it calls "five in a row". The rules of the game are simple: Pick a color, either red or black. Take a well-shuffled ordinary deck of 52 cards and pick 5 cards anywhere in the deck. If you pick 5 in a row of the color you chose, you win. Otherwise, you lose. You have to pay $10 for the chance to play this game, and you get $360 if you win. THTH02 A standard deck has 26 red cards and 26 black cards. Calculate the expected value of playing this game in the casino. In other words, for each $10 that you spend in order to play this game, how much money should you expect to win back? WOH
QUESTION 10. A casino offers a game that it calls "five in a row". The rules of the game are simple: Pick a color, either red or black. Take a well-shuffled ordinary deck of 52 cards and pick 5 cards anywhere in the deck. If you pick 5 in a row of the color you chose, you win. Otherwise, you lose. You have to pay $10 for the chance to play this game, and you get $360 if you win. THTH02 A standard deck has 26 red cards and 26 black cards. Calculate the expected value of playing this game in the casino. In other words, for each $10 that you spend in order to play this game, how much money should you expect to win back? WOH
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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a color, either red or black. Take a well-shuffled ordinary deck of 52 cards and pick 5 cards anywhere in
the deck. If you pick 5 in a row of the color you chose, you win. Otherwise, you lose.
win.s
You have to pay $10 for the chance to play this game, and you get $360 if
you
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A standard deck
ed the
has 26 red cards and 26 black cards.
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Calculate the expected value of playing this game in the casino. In other words, for each $10 that you
spend in order to play this game, how much money should you expect to win back?
gotz
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141
foto 13
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D
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201
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Transcribed Image Text:QUESTION 10. A casino offers a game that it calls "five in a row". The rules of the game are simple: Pick
a color, either red or black. Take a well-shuffled ordinary deck of 52 cards and pick 5 cards anywhere in
the deck. If you pick 5 in a row of the color you chose, you win. Otherwise, you lose.
win.s
You have to pay $10 for the chance to play this game, and you get $360 if
you
Jeg an to
T23W
A standard deck
ed the
has 26 red cards and 26 black cards.
ck has 26 co
Calculate the expected value of playing this game in the casino. In other words, for each $10 that you
spend in order to play this game, how much money should you expect to win back?
gotz
inomnom
17
141
foto 13
Cap
to collm
Snolgen rose galioteq ad llw 129051
D
08, 2009
nb brobd
25
201
BITY WOH
op
02
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