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At a Carnival, you pay $5 to choose a card from a standard deck. If you choose a face card (Jack, Queen, or King) you win $30, but if you pick a card that is not a face card, you do not get any money. (A standard deck of cards has 52 card. 12 of the cards are face cards.) Question 31Select one: No, this is not a fair game. The carnival has the advantage because the expected value is positive. No, this is not a fair game. The player has the advantage because the expected value is positive. The carnival has the advantage because the expected value is negative. Yes, this is a fair game.
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