A convenience store has made up 20 grab bag gifts and is offering them for $2.00 a
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Question:
A convenience store has made up 20 grab bag gifts and is offering them for $2.00 a bag. Ten bags contain merchandise worth $1.00. Six bags contain merchandise worth $2.00. The remaining four bags contain merchandise worth $3.00. Suppose you purchase one bag.
Construct the probability density function for your gains or losses.
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