A box contains fifty $1 bills, fourteen $5 bills, and 36 dummies (fake bills). a) What is the probability of selecting a $1 bills?  Put the probability as a fraction) b) What is the probability of selecting a $5 bills?  c) What is the probability of selecting a dummy bills?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
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  1. A box contains fifty $1 bills, fourteen $5 bills, and 36 dummies (fake bills).
    a) What is the probability of selecting a $1 bills? 
    Put the probability as a fraction)
    b) What is the probability of selecting a $5 bills? 
    c) What is the probability of selecting a dummy bills?  
    d) Find the expectation (expected value) if one bill is selected at random?

     $    (round to the nearest cent)
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