Question: Pedro is playing a card game where he randomly selects a card from a full deck. If the card is a spade, he wins. If

Pedro is playing a card game where he randomly selects a card from a full deck. If the card is a spade, he wins. If it is not, he pays $4. A game is fair if the expected value is equal to zero. What amount would Pedro need to win when he picked a spade in order to make the game fair? $12 $16 $24 $48

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