Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Probability
Expected Value
Combinatorics
Formulas
E = (gain from event 1 × P(event 1)) + (gain from event 2 × P(event 2)) + (loss from event 3 × P(event 3))
P(face card) = 12/52
P(ace) = 4/52
P(other card) = 36/52
Theorems
Law of Total Probability
Suitable Grade Level
Grades 10-12