2. An urn contains nine $1 bills and one $50 bill. Let the random variable X be the total amount that results when two bills are drawn from the urn with replacement. Find the expected value of the total amount, i.e. find E[X].

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 19E
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2. An urn contains nine $1 bills and one $50 bill. Let the random variable X be the total amount that
results when two bills are drawn from the urn with replacement. Find the expected value of the total
amount, i.e. find E[X].
Transcribed Image Text:2. An urn contains nine $1 bills and one $50 bill. Let the random variable X be the total amount that results when two bills are drawn from the urn with replacement. Find the expected value of the total amount, i.e. find E[X].
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