if you draw two clubs on two consecutive draws from a standard deck of
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Question
If you draw two clubs on two consecutive draws from a standard deck of cards you win $583. Otherwise you pay me $35.(Cards drawn without replacement.) Step 1. Find the
expected value of the proposition. Round your answer to two decimal places. Step 2. If you played this game 632 times how much would you expect to win or lose? (Losses must be entered as negative.)