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  • 11-10-2022
  • Business
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solution for a casino game costs $5 to play. if you draw first a red card, then you get to draw a second card. if the second card is the ace of hearts, you win $500. if not, you don't win anything, i.e. lose your $5. what is your expected profits (or losses) from playing this game? remember: profit (or loss)

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