Question

Consider an urn with 10 blue balls, 5 green balls and 5 red balls. One ball is randomly drawn from the urn, and is associated with a score of X as follows: if a blue ball is drawn X = 2, if a green ball is drawn X = 1 and if a red ball is drawn (a) Compute E(X) and Var(X) (b) A game is played in which a player pays S3 and gets winnings of S2* For example, if the lst ball is blue, then the player wins S4. What are the expected nnings for the game? wi

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Given dua Theuan blue m 10 Oed bals 5 goon bau is daun (a) comfue ECx) and macx) The gapecred usinning Poahe game E. (23) usi

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