document.write( "Question 931189:  This is a question from my Finite Math 154 class on probability that I was having trouble with, wondering if you could help. \r
\n" );
document.write( "\n" );
document.write( "An urn contains two red, three white and five blue balls. A player draws one ball from the urn. If the ball is red the player receives $5. If the ball is white, the player pays $8. If the ball is blue, the player receives $2. Find the expected value of a draw.\r
\n" );
document.write( "\n" );
document.write( "Nacho2099@yahoo.com \n" );
document.write( "
| Algebra.Com's Answer #565479 by ewatrrr(24785)     You can put this solution on YOUR website! 10balls: 2R,3W,5B \n" ); document.write( "........ \n" ); document.write( "Exp = $5(.2) + $8(.3) + $2(.5) = $4.4 \n" ); document.write( "Re TY \n" ); document.write( "The plus side of statistical problems is that generally any \n" ); document.write( "computation that needs to be done is simple. \n" ); document.write( "...... \n" ); document.write( "This problem is simply the sum of: \n" ); document.write( " (potential money earned)•(the probability of that particular event) \n" ); document.write( " |