My box has: 100 dollar bills, 50 two-dollar bills, 20 five-dollar bills, 10 ten-dollar bills, 5 twenty-dollar bills, 2 fifty-dollar bills, a hundred-dollar bill, and a speeding ticket from northern Indiana. You pick one random object from the box. If you get money, you can keep it; if you get the ticket, you can pay it (it's $322). The random variable X is the cash value (to you) of what you get. Write the distribution of X , find its expected value, find its variance, and find its standard deviation
My box has: 100 dollar bills, 50 two-dollar bills, 20 five-dollar bills, 10 ten-dollar bills, 5 twenty-dollar bills, 2 fifty-dollar bills, a hundred-dollar bill, and a speeding ticket from northern Indiana. You pick one random object from the box. If you get money, you can keep it; if you get the ticket, you can pay it (it's $322). The random variable X is the cash value (to you) of what you get. Write the distribution of X , find its expected value, find its variance, and find its standard deviation
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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My box has: 100 dollar bills, 50 two-dollar bills, 20 five-dollar bills, 10
ten-dollar bills, 5 twenty-dollar bills, 2 fifty-dollar bills, a hundred-dollar
bill, and a speeding ticket from northern Indiana. You pick one random
object from the box. If you get money, you can keep it; if you get the
ticket, you can pay it (it's $322). The random variable X is the cash value
(to you) of what you get. Write the distribution of X , find its
expected value, find its variance, and find its
standard deviation
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