4. A fundraiser run by organizations like the Elks and Masons is the Queen of Hearts....

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4. A fundraiser run by organizations like the Elks and Masons is the Queen of Hearts. The Queen of Hearts game is played as follows: There are 52 cards and 2 jokers for a total of 54 cards. The deck of cards is pre-shuffled and sealed in envelopes. The envelopes will then be reshuffled then numbered 1 thru 54 and placed in the Queen of Hearts board. Fifty-four players pay $5 each to participate; each is given a game ticket and the tickets are called out in random order. When it is a player's turn, they pick one of the cards on the board. The player that gets the Queen of Hearts gets $200 Each player that gets a Joker gets $50.00 Each player that gets a face card other than the Queen of Hearts or Jokers wins $25.00 All other cards are worth $0. What is the expected gain for the first person to choose a card off the Queen of Hearts board? (The following partially completed chart should help you solve this problem; you need to finish filling it in!). Player gets: Queen of Hearts Joker Another Face Card All other Cards Penny gain $200-$5 What is the probability that the first player loses money? Probability 1/54 4. A fundraiser run by organizations like the Elks and Masons is the Queen of Hearts. The Queen of Hearts game is played as follows: There are 52 cards and 2 jokers for a total of 54 cards. The deck of cards is pre-shuffled and sealed in envelopes. The envelopes will then be reshuffled then numbered 1 thru 54 and placed in the Queen of Hearts board. Fifty-four players pay $5 each to participate; each is given a game ticket and the tickets are called out in random order. When it is a player's turn, they pick one of the cards on the board. The player that gets the Queen of Hearts gets $200 Each player that gets a Joker gets $50.00 Each player that gets a face card other than the Queen of Hearts or Jokers wins $25.00 All other cards are worth $0. What is the expected gain for the first person to choose a card off the Queen of Hearts board? (The following partially completed chart should help you solve this problem; you need to finish filling it in!). Player gets: Queen of Hearts Joker Another Face Card All other Cards Penny gain $200-$5 What is the probability that the first player loses money? Probability 1/54

Answer rating: 100% (QA)

1 Expected Gain for the First Person to Choose a Card off the Queen of Hearts Board The expected gain for the first person to choose a card off the Qu... View the full answer