A grab bag contains 12 packages worth 80 cents a piece, 15 packages worth 40 cents each, and 25 packages worth 30 cents a piece. What is the expected value for the privilege of picking one of the packages at random? (round your answer to the nearest tenth of a cent!) * REQUIRED 1 10. What is the expected value for the privilege of picking one of the packages at random? (round your answer to the nearest tenth of a cent!) Type a response

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section: Chapter Questions
Problem 14T: An unbalanced coin is weighted so that the probability of heads is 0.55. The coin is tossed ten...
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A grab bag contains 12 packages worth 80 cents a piece, 15
packages worth 40 cents each, and 25 packages worth 30
cents a piece.
What is the expected value for the privilege of picking one of
the packages at random? (round your answer to the nearest
tenth of a cent!)
* REQUIRED
10. What is the expected value for the
privilege of picking one of the packages
at random? (round your answer to the
nearest tenth of a cent!)
Type a response
1
Transcribed Image Text:A grab bag contains 12 packages worth 80 cents a piece, 15 packages worth 40 cents each, and 25 packages worth 30 cents a piece. What is the expected value for the privilege of picking one of the packages at random? (round your answer to the nearest tenth of a cent!) * REQUIRED 10. What is the expected value for the privilege of picking one of the packages at random? (round your answer to the nearest tenth of a cent!) Type a response 1
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