An urn contains four balls numbered 1, 2, 5, and 7. If a person selects a set of two balls at random, what is the expected value of the product of the numbers on the balls? (Your answer should be a decimal rounded to 2 decimal places)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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An urn contains four balls numbered 1, 2, 5, and 7. If a person selects a set of two balls at random, what is the expected value of the
product of the numbers on the balls?
(Your answer should be a decimal rounded to 2 decimal places)
Transcribed Image Text:An urn contains four balls numbered 1, 2, 5, and 7. If a person selects a set of two balls at random, what is the expected value of the product of the numbers on the balls? (Your answer should be a decimal rounded to 2 decimal places)
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