Question

Your friend's roommate, Chet, has devised the following simple game of chance: you draw a single...

Your friend's roommate, Chet, has devised the following simple game of chance: you draw a single card from a standard deck and he will pay out certain amounts based on categories of cards he has chosen.

If you draw a Queen, he will pay out $12;

If you draw an Ace, his payout = $8;

A "Male" card, his payout = $4;

An odd-numbered card, his payout = $2;

An even-numbered card, his payout = $1.

1) If Chet charges $5 to play, find his expected winnings per draw.

Math   Statistics-And-Probability   
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