A sum of Rs.750 is in the form of denominations of Rs.50 and Rs.100. If the number of 100-rupee notes is twice the number of 50-
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Answer:
Step-by-step explanation:
Given a binomial experiment with n trials and probability of success p,
Since each term of the summation is multiplied by x, the value of the term corresponding to x = 0 will be 0. Therefore the expected value becomes:
Now,
Substituting,
Factoring out the n and one p from the above expression:
Representing k=x-1 in the above gives us:
This can then be written by the Binomial Formula as: