You draw a card from a deck. If you get a red card, you win nothing. If you get a spade, you win $10. For any club, you get
$30 plus an extra $40 for the ace of clubs. a) Create a probability model for the amount you win at this game.
b) Find the expected amount you'll win.
c) How much would you be willing to pay to play this game?
a) Card red spade ace of clubs any other club Winnings 0 10 70 30 Probability nothing nothing nothing nothing
To get the answer you have to multiply the number of coins per roll which is 40 by the number of rolls which is 25. So the equation you get is 40*25. And the answer you get is 1000
