Find the ace A technology store holds a contest to attract shoppers. Once an hour, someone at checkout is chosen at random to play in the contest. Here’s how it works: An ace and four other cards are...




Find the ace A technology store holds a contest to attract shoppers. Once an hour, someone at checkout is chosen at random to play in the contest. Here’s how it works: An ace and four other cards are shuffled and placed face down on a table. The customer gets to turn over cards one at a time, looking for the ace. The person wins $100 of store credit if the ace is the first card, $50 if it is the second card, and $20, $10, or $5 if it is the third, fourth, or last card chosen. What is the average dollar amount of store credit given away in the contest? Estimate with a simulation.

May 05, 2022
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