what is the expected value of the following acetwo jack or f
what is the expected value of the following (ace,two, jack or five) ?
(b) If a four card hand is drawn at random from a standard deck of cards, what is the expected value of the folowing (ace, two, jack or five)? Solution
sol)
Expected value for Ace
Let x be the random variable takes value 0,1
X 0 1
P(x) 48/52 4 / 52
Expected value for Ace= 0*48/52 + 1 * 4 / 52 =4/52
b) Expected value for two
Let x be the random variable takes value 0,1
X 0 1
P(x) 48/52 4 / 52
Expected value for Ace= 0*48/52 + 1 * 4 / 52 =4/52
C)
Expected value for jack or five
Let x be the random variable takes value 0,1
X 0 1
P(x) 44/52 8 / 52
Expected value for Ace= 0*44/52 + 1 * 8 / 52 =8/52
