document.write( "Question 550853: Ryan puts 2 nickels, 2 dimes, and 1 quarter in a bag. He then picks one coin. What is the expected value, in cents, of each pick in his experiment?
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Algebra.Com's Answer #359193 by Edwin McCravy(20056) $\"\"$ $\"About$

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Ryan puts 2 nickels, 2 dimes, and 1 quarter in a bag. He then picks one coin. What is the expected value, in cents, of each pick in his experiment?
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document.write( "Pick     P(pick)   Value of pick   Value×P(pick)=E(pick)\r\n" );
document.write( "nickel   2/5=.4        $.05             $.05×.4 = $.02    \r\n" );
document.write( "dime     2/5=.4        $.10             $.10×.4 = $.04\r\n" );
document.write( "quarter  1/5=.2        $.25             $.20×.2 = $.05\r\n" );
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document.write( "            1.0                                   $.11\r\n" );
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document.write( "Expectation = 11 cents.\r\n" );
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document.write( "11 cents is what Ryan will expect to average getting per \r\n" );
document.write( "experiment if he were to repeat this same experiment many \r\n" );
document.write( "times.\r\n" );
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document.write( "Edwin

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