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Question regarding the expected net winnings

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Reference no: EM131063842

An urn containsthreered balls,fivewhite balls, andtwoblack balls.Threeballs are drawn from the urn at random without replacement. For each red ball drawn, you win $8, and for each black ball drawn, you lose $12. Let X represent your net winnings.

ComputeE(X), your expected net winnings.

Reference no: EM131063842

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