Mathematics, 25.12.2019 06:31 chammusa2
Abank runs a contest to encourage new customers to open accounts. in the contest, each contestant draws a slip representing a different rewardâ$5, $3, or $xâfrom a jar. at the beginning of the contest the jar contains 60 slips for $5, 40 slips for $3, and 50 slips for $x.
if the expected value of the first draw from the jar is $5.8, the value of x is
.
at one point in the contest, the jar contains 3 slips for $5, 7 slips for $3, and y slips for $x. if the expected value on the next draw is $6, the value of y is
.
Answers: 3
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Abank runs a contest to encourage new customers to open accounts. in the contest, each contestant dr...
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