Read and analyze the problem. Show your complete solution. Encircle final answer.

Question:

1. There are 5 balls in a basket, 1 red, 2, blue, and 2 yellow. Two (2) balls are picked at random.

a. List all the possible outcomes.

b. What is the probability of drawing a blue ball?

c. What is the variance of the given discrete random variable?

2. Answer the same questions in problem 1 provided three (3) balls are picked at random.