[Solved] Two cards are dealt off the top of a well shuffled deck. You have a choice: To win $1 if the first is a king. To win $1 if the first is a king
Question: (8 points) Two cards are dealt off the top of a well shuffled deck. You have a choice:
- To win $1 if the first is a king.
- To win $1 if the first is a king and the second a queen.
Which option is better? Or are they equivalent?
For credit, justify by showing what is the probability in each case.
Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document 