Answer:
He should expect to select 75 yellow cards.
Step-by-step explanation:
Since there is replacement, for each trial, we have:
1 yellow card
1 red card
1 blue card
1 green card.
If Greg does this 300 times, how many yellow cards should he expect to select?
Each trial, there are 4 cards, one of which is yellow. So 1/4 = 0.25 probability of selecting a yellow card.
Over 300 trials
0.25*300 = 75
He should expect to select 75 yellow cards.
All together they spend $87.00