Saturday

July 26, 2014

July 26, 2014

Posted by **Carlos** on Saturday, March 24, 2007 at 9:18pm.

The probability of drawing an ace is 4/52 or 1/13

The expected payout is 4.00*1/13=.30769

The income is 0.50

so the expected profit is .50-.30769

=.1923

or 19 cents.

Suppose you have 104 people playing.

So the game takes in $52

There is a probability that 1/13 of 104 will win, which is 8

so the payout is $32

for a profit of $20, but there were 104 people playing, so the profit per person is 20/104 or .1923

(notice it makes no difference how many people play)

can u please HELP!!!!!!!!!!! me in divion PLEASE!!!!!!!!!!!!!!!

I neeed help in divion can you please help me please

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