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What is the expected value of the total amount of money

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Reference no: EM131578762

Question: Two nickels, two dimes, and two quarters are in a cup. We draw three coins, one after the other, without replacement. What is the expected amount of money we draw on the first draw? On the second draw? What is the expected value of the total amount of money we draw? Does this expected value change if we draw the three coins all together?

Reference no: EM131578762

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