A box contains one each of ($ 1, $ 5, $ 10, $ 20), and ($ 100)
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A box contains one each of \(\$ 1, \$ 5, \$ 10, \$ 20\), and \(\$ 100\) bills. You reach in and withdraw one bill. What is the expected value?
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The expected value of a random variable is calculated by multiplying each of the possible outcomes b...View the full answer
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