Question: Two balls are randomly selected from a box containing 3 white and 2 black balls, by placing it in its place. 100 lira will be

Two balls are randomly selected from a box containing 3 white and 2 black balls, by placing it in its place. 100 lira will be earned for each white ball drawn and 50 lira will be lost for each black ball drawn. What is the expected profit in this game?

Note:You select the 1st ball then you put it back to the box then select the 2nd ball.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!