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March 30, 2015

Homework Help: Probability and statistics

Posted by Rosmery on Tuesday, September 18, 2012 at 4:28pm.

A mysterious card-playing squirrel (pictured) offers you the opportunity to join in his game. The rules are:
To play you must pay him $2.
If you pick a spade from a
shuffled pack, you win $9. Find the expected value you win (or lose) per game.

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