SOLUTION: a bag contains 2 white and 3 black balls. Four persons A,B,C and D in the order named above, each draw a ball and does not replace it. The person who draws a white ball first rec

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Question 1105708: a bag contains 2 white and 3 black balls. Four persons A,B,C and D in the order
named above, each draw a ball and does not replace it. The person who draws a
white ball first receives Rs. 10. What are their respective expectations?

Answer by Edwin McCravy(20063)   (Show Source): You can put this solution on YOUR website!
Case 1: A draws a white ball and wins with probability 2/5 = 0.4
        Expectation = (0.4)(10) = Rs. 4
Case 2: A draws a black ball and B draws a white ball and 
        wins with probability (3/5)(2/4) = 3/10 = 0.3
        Expectation = (0.3)(10) = Rs. 3
Case 3: A draws a black ball, B draws a black ball, C draws
        a white ball and wins with probability (3/5)(2/4)(2/3)
        = 1/5 = 0.2
        Expectation = (0.2)(10) = Rs. 2 
Case 4: A draws a black ball, B draws a black ball, C draws
        a black ball and D draws a white ball and wins with
        probability (3/5)(2/4)(1/3)(2/2) = 1/10 = 0.1         
        Expectation = (0.1)(10) = Rs. 1

Edwin

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