SOLUTION: a wallet contains four $1 bills, two $5 bills, three $10 and one $20. find the expected value of randomly selecting a bill from the wallet.

Algebra ->  Probability-and-statistics -> SOLUTION: a wallet contains four $1 bills, two $5 bills, three $10 and one $20. find the expected value of randomly selecting a bill from the wallet.      Log On


   



Question 866135: a wallet contains four $1 bills, two $5 bills, three $10 and one $20. find the expected value of randomly selecting a bill from the wallet.
Answer by Fombitz(32388) About Me  (Show Source):