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A casino game costs $5 to play. If you draw first a red card, then you...

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) = winnings - cost.

math   Statistics-And-Probability   
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solution - Give A casino game costs to play = $5 If we draw first a red card Then we get to drawn a second card of the second

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