A bag contains 17 red marbles and 8 blue marbles. A friend reaches in and selects 5 marbles at random, with replacement. For each red marble drawn you win $1; for each blue marble you lose $1. Let W denote your net winnings. (a) Find the probability mass function for W. (b) Calculate the expected value for your net winnings. (c) Now suppose that, instead of drawing the marbles with replacement, your friend now draws 5 marbles without replacement. Find the modified PMF of W, under this new situation.

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A bag contains 17 red marbles and 8 blue marbles. A friend reaches in and selects 5 marbles at random, with replacement. For each red marble drawn you win $1; for each blue marble you lose $1. Let W denote your net winnings.
(a) Find the probability mass function for W.
(b) Calculate the expected value for your net winnings.
(c) Now suppose that, instead of drawing the marbles with replacement, your friend now draws 5 marbles without replacement. Find the modified PMF of W, under this new situation.

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