What is the expected value of his winnings - find the


1 A card is drawn at random from a deck consisting of cards numbered 2 through 10. A player wins 1 dollar if the number on the card is odd and loses 1 dollar if the number if even. What is the expected value of his win- nings?

2 A card is drawn at random from a deck of playing cards. If it is red, the player wins 1 dollar; if it is black, the player loses 2 dollars. Find the expected value of the game.

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Basic Statistics: What is the expected value of his winnings - find the
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