SOLUTION: Assume that the drawer contains 15 coins: 4 quarters, 6 dimes, and 5 nickels. One coin is randomly selected.
What is the expected value of the coin selected (in cents)?
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-> SOLUTION: Assume that the drawer contains 15 coins: 4 quarters, 6 dimes, and 5 nickels. One coin is randomly selected.
What is the expected value of the coin selected (in cents)?
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Question 1135522: Assume that the drawer contains 15 coins: 4 quarters, 6 dimes, and 5 nickels. One coin is randomly selected.
What is the expected value of the coin selected (in cents)? Answer by VFBundy(438) (Show Source):
You can put this solution on YOUR website! Probability of choosing a quarter = 4/15
Probability of choosing a dime = 6/15
Probability of choosing a nickel = 5/15