1.) Clothing Sale: At a special clothing sale at the Crescent Oaks Country Club, after the cashier rings up your purchase, you select a slip of paper from a box. The slip of paper indicates the dollar amount, either $5 or $10, that is deducted from your purchase price. The probability of selecting a slip indicating $5 is 2 and the probability of selecting $10 is . If your original purchase before you select the slip of paper is $200, determine 10 a.) The expected dollar amount to be deducted from your purchase. b.) The expected dollar amount you will pay for your purchase.
1.) Clothing Sale: At a special clothing sale at the Crescent Oaks Country Club, after the cashier rings up your purchase, you select a slip of paper from a box. The slip of paper indicates the dollar amount, either $5 or $10, that is deducted from your purchase price. The probability of selecting a slip indicating $5 is 2 and the probability of selecting $10 is . If your original purchase before you select the slip of paper is $200, determine 10 a.) The expected dollar amount to be deducted from your purchase. b.) The expected dollar amount you will pay for your purchase.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CR: Chapter Review
Problem 35E
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