A grab-bag contains 30 packages worth $.65 each, 10 packages $.60 cents each, and 15 packages worth $.30 each. What is the expec

Question

3 years ago

15

A grab-bag contains 30 packages worth $.65 each, 10 packages $.60 cents each, and 15 packages worth $.30 each. What is the expec

ted value if you have to pay $.50 to pick one package at random?
A. about -$0.03
B. about $0.11
C. about -$0.11
D. about $0.03

Mathematics

1 answer:

Dennis_Churaev [7] · Answer 1 · 2022-05-23T22:49:26+03:00

Dennis_Churaev [7]3 years ago

3 0

The answer would be 0.03.
What I did was 50/15 which would get me 0.0333333333333. But since money can only the cents can only have two numbers. So it would be 0.03 as the answer. So it’s the answer d.