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1. Suppose we have a bag with 10 slips of paper in it. Eight slips have a 3 on them and the other two have a 8 on them. What is the expected value of the number shown when we draw a single slip of paper?

 

2. Suppose we have a bag with 10 slips of paper in it. Eight slips have a 3 on them and the other two have a 8 on them. What is the expected value of the number shown if we add one additional 8 to the bag. 

 Feb 9, 2021
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1. The expected value is 11/2.

 

2. The expected value is 17/3.

 Feb 10, 2021

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