Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws three non-face cards, where a face card is a Jack, a Queen, or a King, in succession from a standard deck of 52 cards without replacement, you give him $10. Otherwise, he pays you $20. If the same bet was made 25 times, how much would you expect to win or lose? Round your answer to the nearest cent, if necessary.
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Home » Mathematics » Suppose that you and a friend are playing cards and decide to make a bet. If your friend draws three non-face cards, where a face card is a Jack, a Queen, or a King, in succession from a standard deck of 52 cards without replacement, you give him