Question: For the given Discrete Random Variable scenario, construct a Probability distribution table and Find the MEAN . A game of chance consists of drawing a
For the given Discrete Random Variable scenario, construct a Probability distribution table and Find the MEAN . A game of chance consists of drawing a card from a deck of of 52 cards . The game pays out as follows : card drawn payout face card $2 Ace $5 2 through 10 - $1.50 What is the MEAN payout per play ? Hint: Fill in the probability distribution table : payout Probability 2 5 -1.5
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