# Question

A popular casino table game is three-card poker. One aspect of the game is the “pair plus” bet in which a player is paid a dollar amount for any hand of a pair or better, regardless of the hand the dealer has. The table shows the proﬁt and probability of various hands of a player playing the $5 pair plus bet.

(a) What is the expected proﬁt when playing the $5 pair plus bet in three card poker.

(b) If you play the game for 4 hours with an average of 35 hands per hour, how much would you expect to lose?

(a) What is the expected proﬁt when playing the $5 pair plus bet in three card poker.

(b) If you play the game for 4 hours with an average of 35 hands per hour, how much would you expect to lose?

## Answer to relevant Questions

Determine whether the probability experiment represents a binomial experiment. If not, explain why. (a) According to the Chronicle of Higher Education, there is a 54% probability that a randomly selected incoming freshman ...According to the article “Self-injurious Behaviors in a College Population,” 17% of undergraduate or graduate students have had at least one incidence of self-injurious behavior. The researchers conducted a survey of 40 ...Suppose the adult American population is equally split in their belief that the amount of tax (federal, state, property, sales, and so on) they pay is too high. (a) How many people would we expect to say they pay too much ...Determine whether the distribution is a discrete probability distribution. If not, state why. x .... P(x) 0 .... 0.1 1 .... 0.5 2 .... 0.05 3 .... 0.25 4 .... 0.1 What is the ideal number of children to have in a family? The following data represent the ideal number of children for a random sample of 900 adult Americans. (a) Construct a discrete probability distribution for the random ...Post your question

0