Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws two face cards, where a f
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Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws two face cards, where a f
Suppose that you and a friend are playing cards and decide tomake a bet. If your friend draws two face cards, where a face cardis a Jack, a Queen, or a King, in succession from a standard deckof 52 cards without replacing the first card, you give him $40.Otherwise, he pays you $10. If the same bet was made 25 times, howmuch would you expect to win or lose? Round your answer to thenearest cent, if necessary.