can anyone help me with these two math?i don't understand if i need to choose from 26 or 13 (for question 2)
1.You play a game in which you are dealt one card at random from a standard deck of 52 cards. The payoffs are:
What is the expected value of the game?
2.
In a drastically simplified poker game, you are dealt two cards from a standard deck of 52 cards. The payoffs are:
1.You play a game in which you are dealt one card at random from a standard deck of 52 cards. The payoffs are:
- $10 if you get a face card (a jack, a queen, or a king)
- Twice the number showing on a number card: $2 for an ace, $4 for a 2, and so on up to $20 for a 10
2.
In a drastically simplified poker game, you are dealt two cards from a standard deck of 52 cards. The payoffs are:
- $50 if you get a pair (two cards of the same denomination)
- $10 if you get a flush (two cards of the same suit)
- What is the expected value of the game?