Mathematics
Mathematics, 05.05.2020 05:37, ElizabethF

2.36 Is it worth it?: Andy is always looking for ways to make money fast. Lately, he has been trying to make money by gambling. Here is the game he is considering playing: The game costs $2 to play. He draws a card from a deck. If he gets a number card (2-10), he wins nothing. For any face card ( jack, queen or king), he wins $3. For any ace, he wins $5, and he wins $25 if he draws the ace of clubs. Round answers to 2 decimal places. a) Andy's expected profit per game is: $ b) Would you recommend this game to Andy as a good way to make money? Explain. Yes, Andy could be lucky and might earn money in the long-run playing this game No, we expect Andy to lose money each time he plays this game

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2.36 Is it worth it?: Andy is always looking for ways to make money fast. Lately, he has been trying...

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