In a game of blackjack, the player and the dealer are both dealt two cards. One of

Question:

In a game of blackjack, the player and the are both dealt two cards. One of the dealer’s cards is dealt face up so that the player gets to see it. Suppose you (as a player) are dealt a 10 and a 6 and you observe that one of the dealer’s cards is a 7. Given the three observed cards, what is the probability that the dealers cards total more points than yours (before any additional cards are drawn)? Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...