Problem

A box contains 5 red and 5 blue marbles. Two marbles are withdrawn randomly. If they are t...

A box contains 5 red and 5 blue marbles. Two marbles are withdrawn randomly. If they are the same color, then you win $1.10; if they are different colors, then you win −$1.00. (That is, you lose $1.00.) Calculate

(a) the expected value of the amount you win;


(b)the variance of the amount you win,

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