There are 20 envelopes on a table and you get to pick one at random. In one of the envelopes there is a hundred-dollar bill and in the other 19 there are blank pieces of paper what is the expected value for picking an envelope

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.CT: Chapter Test
Problem 15CT
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There are 20 envelopes on a table and you get to pick one at random. In one of the envelopes there is a hundred-dollar bill and in the other 19 there are blank pieces of paper what is the expected value for picking an envelope

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