A game consists of laying a $1 bet and taking a single card…

A game consists of laying a $1 bet and taking a single card from a dealer (the house) working with a 54-card deck, which includes two jokers. If the card is clubs, the player gets their $1 back and wins an additional $3. If the card is not clubs, the player loses their $1 bet. What is the house edge (the expected value to the house)?

Find the expected value.The following table gives the distri…

Find the expected value.The following table gives the distribution of heights for female students at one U.S. college. Distribution of heights HEIGHT CATEGORY (INCHES) PERCENTAGE 57 – 59 7.8% 60 – 62 19.4% 63 – 65 37.5% 66 – 68 19.6% 69 – 71 11.0% 72 and older 4.7% Find the expected value of height for women at this college. Use the midpoint of each category, (for example use 58 for the 57-59 category). Use 74 for the 72 and over category.