Short Answer
It costs $7.25 to play a very simple game,in which a dealer gives you one card from a deck of 52 cards.If the card is a heart,spade,or diamond,you lose.If the card is a club other than the queen of clubs,you win $11.50.If the card is the queen of clubs,you win $49.50.The random variable x represents your net gain from playing this game once,or your winnings minus the cost to play.What is the mean of x,rounded to the nearest penny?
Correct Answer:
Verified
Correct Answer:
Verified
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