SOLUTION: A bag contains 2 gold marbles, 10 silver marbles, and 21 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $4. If
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Question 1147921: A bag contains 2 gold marbles, 10 silver marbles, and 21 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win $3. If it is black, you lose $1.
What is your Expected Value if you play this game?
Answer by ikleyn(52887) (Show Source): You can put this solution on YOUR website!
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https://www.algebra.com/algebra/homework/Probability-and-statistics/Probability-and-statistics.faq.question.1147885.html
https://www.algebra.com/algebra/homework/Probability-and-statistics/Probability-and-statistics.faq.question.1147885.html
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