The slope of this line is -1 because it goes down one and to the right one
<u>Given</u>:
Given that in a game a player draws and replaces a card from a deck 2 times.
The possible outcomes and payouts are given.
We need to determine the expected value for someone playing the game.
<u>Expected value:</u>
The expected value for someone playing the game can be determined by

Simplifying the values, we have;

Dividing the terms, we get;

Adding, we have;

Thus, the expected value for someone playing the game is $8
It is 76
thanks
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