Suppose that you and a friend are playing cards and decide to make a bet. If you draw two threes in succession from a st

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Suppose that you and a friend are playing cards and decide to make a bet. If you draw two threes in succession from a st

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Suppose That You And A Friend Are Playing Cards And Decide To Make A Bet If You Draw Two Threes In Succession From A St 1
Suppose That You And A Friend Are Playing Cards And Decide To Make A Bet If You Draw Two Threes In Succession From A St 1 (91.8 KiB) Viewed 18 times
Suppose that you and a friend are playing cards and decide to make a bet. If you draw two threes in succession from a standard deck of 52 cards with replacement, you win $60. Otherwise, you pay your friend $10. If the same bet was made 20 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary.
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