SOLUTION: Suppose we have a bag with $10$ slips of paper in it. Eight slips have a $7$ on them and the other two have a $9$ on them.
What is the expected value of the number shown when we d
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-> SOLUTION: Suppose we have a bag with $10$ slips of paper in it. Eight slips have a $7$ on them and the other two have a $9$ on them.
What is the expected value of the number shown when we d
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Question 1208667: Suppose we have a bag with $10$ slips of paper in it. Eight slips have a $7$ on them and the other two have a $9$ on them.
What is the expected value of the number shown when we draw a single slip of paper? Answer by ikleyn(52878) (Show Source):
You can put this solution on YOUR website! .
Suppose we have a bag with 10 slips of paper in it. Eight slips have a 7 on them and the other two have a 9 on them.
What is the expected value of the number shown when we draw a single slip of paper?
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The probability to draw "a 7" is 8/10.
The probability to draw "a 9" is 2/10.
The expected value is E = + = = = = 7 = 7 = 7.4. ANSWER
