You are playing a game where you draw a card from a standard deck, and you will win $7 if you draw a face card, $6 if you draw an ace and lose $2 if you draw any other card. Complete the probability distribution table. Let x be the winnings (which could be negative in the case of a loss). Remember to list the P(x) as a probability, not a percent. This problem is from the player's point of view. Card Face $ Ace Anything else x P(x) What is the expected gain from this game?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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You are playing a game where you draw a card from a standard deck, and you will win $7 if you
draw a face card, $6 if you draw an ace and lose $2 if you draw any other card.
Complete the probability distribution table. Let x be the winnings (which could be negative in
the case of a loss). Remember to list the P(x) as a probability, not a percent. This problem is
from the player's point of view.
Card
Face
Ace
Anything else
$
x
P(x)
What is the expected gain from this game?
Transcribed Image Text:You are playing a game where you draw a card from a standard deck, and you will win $7 if you draw a face card, $6 if you draw an ace and lose $2 if you draw any other card. Complete the probability distribution table. Let x be the winnings (which could be negative in the case of a loss). Remember to list the P(x) as a probability, not a percent. This problem is from the player's point of view. Card Face Ace Anything else $ x P(x) What is the expected gain from this game?
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