Mathematics, 07.04.2021 05:00 BlehBlah1441

Suppose that you and a friend are playing cards and decide to make a bet. If you draw three red cards in succession from a standard deck of 52 cards with replacement, you win $30. Otherwise, you pay your friend $20. If the same bet was made 30 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary.

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