A bin contains six marbles: 1 Red, 2 Blue and 3 Green. Two…
A bin contains six marbles: 1 Red, 2 Blue and 3 Green. Two marbles are randomly selected without replacement. Examine the tree diagram and answer the following questions. a. What is the probability both marbles are blue? [a] Answer as a fraction in lowest terms. b. What is the probability that the second marble chosen is red? [b] Answer as a fraction in lowest terms. c. What is the probability that both marbles are the same color? [c] Answer as a fraction in lowest terms. d. If the first marble chosen is green, what is the probability that the second marble chosen will be green? [d] Answer as a fraction in lowest terms. e. What is the probability of choosing at least 1 blue marble? [e] Answer as a fraction in lowest terms.
Read DetailsSuppose 4 quarters, 6 dimes, 7 nickels, and 4 pennies are…
Suppose 4 quarters, 6 dimes, 7 nickels, and 4 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box? HINT: Use 25 to represent a quarter (not 0.25). Do the same for the other coins. [A] ¢ Round to the nearest tenth of a cent
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EXTRA CREDIT 4 POINTS You purchase a raffle ticket to help out a charity. The raffle ticket costs $7. The charity is selling 3000 tickets. One of them will be drawn and the person holding the ticket will be given $4000. a. Compute the expected value for this raffle. NO WORK = NO POINTS b. Explain WHY this is or is not Fair game based upon your work from part a.
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