A game advertises, EVERYONE IS A WINNER! It costs $4 to play. You get to choose a card from a standard deck of 52 playing cards. If you choose a red card, you win $5. If you choose a black card, you get

A game advertises, EVERYONE IS A WINNER! It costs $4 to play. You get to choose a card from a standard deck of 52 playing cards. If you choose a red card, you win $5. If you choose a black card, you get $2. What is the expected value of playing this game?

$3.50

$1.80

-$0.50

$35

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A game advertises, EVERYONE IS A WINNER! It costs $4 to play. You get to choose a card from a standard deck of 52 playing cards. If you choose a red card, you win $5. If you cho…

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