Question:
Two balls are chosen randomly from an urn containing 8 white balls and 4 black balls by a player. Suppose that he wins ₹30 for each black ball selected and loses ₹15 for each white ball selected. The expected value of winning amount is :
Two balls are chosen randomly from an urn containing 8 white balls and 4 black balls by a player. Suppose that he wins ₹30 for each black ball selected and loses ₹15 for each white ball selected. The expected value of winning amount is :
Updated On: Jun 13, 2024
- ₹12.72
- ₹14.72
- ₹15
- ₹00
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The Correct Option is D
Solution and Explanation
The correct option is (D) :₹00.
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