Question: A standard deck of cards has 52 cards in four suites. A friend offers you the following game: The cards are spread out, face down. You draw one card. If it is an ace, she pays you $5. If it’s a King or Queen, she pays $2. In all other cases, you pay her $1. Let X represent your winnings.
a) Find the probability function of X.
b) Should you play?
Deliverables: Word Document