Problem 1. Suppose there is a box of cash consisting of $1, $2, $5, $10, 20$, 50$, 100$ bills, and each type of bills sum up to $1000 in total. If a random bill is selected from the box, what is the expected value of the bill?

MATLAB: An Introduction with Applications
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Problem 1. Suppose there is a box of cash consisting of $1, $2, $5, $10, 20$, 50$, 100$ bills, and
each type of bills sum up to $1000 in total. If a random bill is selected from the box, what is the
expected value of the bill?
Transcribed Image Text:Problem 1. Suppose there is a box of cash consisting of $1, $2, $5, $10, 20$, 50$, 100$ bills, and each type of bills sum up to $1000 in total. If a random bill is selected from the box, what is the expected value of the bill?
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