Question

A card is drawn from a standard​ 52-card deck. If the card is a​ king, you...

A card is drawn from a standard​ 52-card deck. If the card is a​ king, you win

​$2020​;

​otherwise, you lose

​$11.

What is the expected value of the​ game?

Let X be the random variable for the amount won on a single play of this game.

Math   Statistics-And-Probability   
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