Answer:
Step-by-step explanation:
Sample size 52 card
Pay for J or Q
Pay for King or Ace
Pay for others
Therefore
Probability of drawing J or Q
Probability or drawing King or Ace
Probability or drawing Other cards
Therefore
Expected Gain is mathematically given as
Answer:
US$ 132.45
Step-by-step explanation:
See attachment for the missing table.
Given:
Richard’s checking account balance at the beginning of the week = $57.34
<u>Richard’s account balance at the end of the week from the given table:</u>
Deposits of the week = US$ 163.75
Expenses of the week = Groceries + Credit card bill + Gas
Expenses of the week = 25.37 + 50 + 13.27
Expenses of the week = US$ 88.64
Richard’s account balance at the end of the week = Richard’s checking account balance at the beginning of the week + Deposits of the week - Expenses of the week
Replacing with the real values:
Richard’s account balance at the end of the week = 57.34 + 163.75 - 88.64
=US$ 132.4
