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14 January, 16:07

A jar contains 3 pennies, 8 nickels and 6 dimes. A child selects 2 coins at random without replacement from the jar. Let X represent the amount in cents of the selected coins. Find the probability X = 10. CorrectFind the probability X = 11. IncorrectFind the expected value of X

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  1. 14 January, 18:21
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    1) Probability X = 10 is 20.59%.

    2) Probability X = 11 is 6.62%.

    3) Expected value of X = 12.12

    Step-by-step explanation:

    We are given;

    Amount of pennies in jar = 3

    Amount of nickels in jar = 8

    Amount of dimes in jar = 6

    Total number of coins in the jar = 3 + 8 + 6 = 17 coins

    Now, it is well known that;

    1 penny = 1 cent

    1 nickel = 5 cents

    1 dime = 10 cents

    A) Probability X = 10 cents

    To achieve 10 cents by selecting two coins from the jar means both coins must be nickels.

    Thus;

    For the first selection, the probability of selecting a nickel would be 8/17.

    The probability that the second coin is also a nickel is 7/16.

    the probability of this outcome is; 8/17 * 7/16 = 7/34 = 20.59%.

    2) Probability X = 11 cents

    To achieve 11 cents by selecting two coins from the jar means one coin must be a penny while the other must be a dime.

    For the first selection, the probability of selecting a penny is 3/17. The probability of selecting a dime in the second selection is 6/16.

    the probability of this outcome is; 3/17 * 6/16 = 9/136 = 6.62%.

    3) The expected value of X will be;

    E (X) = 2[ (3 * 1) + (8 * 5) + (6 * 10) ] / (3 + 8 + 6)

    E (X) = 2 (103) / 17

    E (X) = 206/17

    E (X) = 12.12
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