Mike and Dave play the following game. Mike picks a card from a deck of cards, If he selects a heart, Dave gives him $5, if not he give Dave $2

A) determine Mike's expectation
B) determine Dave's expectation

Question

Mike and Dave play the following game. Mike picks a card from a deck of cards, If he selects a heart, Dave gives him $5, if not he give Dave $2 

A) determine Mike's expectation
B) determine Dave's expectation

anonymous · Answer

There are 52 cards in a deck.  13 out of the 52 are hearts.  Therefore there is a 1 / 4 opportunity for the selected card to be a heart.  

A)  Mike's expectation (if he is sane) would be that he will have to give Dave $2 because he has a small chance of getting a heart.
B)  Dave's expectation would be that he will get $5 because he has a 3/4 chance of being right

anonymous · Answer

Thank you I was hoping you are choraphyll would ans