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(Solved): A card is drawn at random from a standard deck of playing cards (no jokers). If it is red, the playe ...



A card is drawn at random from a standard deck of playing cards (no jokers). If it is red, the player wins 1 dollar; if it is not red, the player loses 3 dollars. Find the expected value of the game.
 



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below is pmf of the game P(X=1)= P(red color )=26/52 =1/2 (Since ther
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