SOLUTION: If you have 12 $1.00 bills, 5 $2.00 bills, 2 $20.00 bills, and 1 $50.00, make a probability distribution table and find the expected value.

Algebra ->  Probability-and-statistics -> SOLUTION: If you have 12 $1.00 bills, 5 $2.00 bills, 2 $20.00 bills, and 1 $50.00, make a probability distribution table and find the expected value.      Log On


   



Question 566380: If you have 12 $1.00 bills, 5 $2.00 bills, 2 $20.00 bills, and 1 $50.00, make a probability distribution table and find the expected value.
Answer by richard1234(7193) About Me  (Show Source):
You can put this solution on YOUR website!
20 bills in total

$1--12/20
$2--5/20
$20-2/20
$50-1/20