A game is played which you draw 1 card from the standard deck of cards. If you draw card with value of 5 or less, I will pay you $60. If not, you pay me $23. Aces are considered the highest card in the deck.
A. Write the probability distribution which goes with this proposition. Employ positive values for amounts which you win and negative values for amounts you pay.
B. Determine the expected value for this distribution
C. Determine the standard deviation for this distribution D. If you played this game 50 times, how much would yu expect to win or lose?