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Karen has a deck of 10 cards numbered 1 through 10 She is playing a...

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Basic Math

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Karen has a deck of 10 cards numbered 1 through 10 She is playing a game of chance This game is this Karen chooses one card from the deck at random She wins an amount of money equal to the va the card if an even numbered card is drawn She loses 5 50 if an odd numbered card is drawn a Find the expected value of playing the game dollars b What can Karen expect in the long run after playing the game many times She replaces the card in the deck each time Karen can expect to gain money She can expect to win dollars per draw Karen can expect to lose money She can expect to lose dollars per draw Karen can expect to break even neither gain nor lose money

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