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.
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.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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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
(b) Calculate the
(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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