Hi! I need urgent help for these questions here. They have a deadline for today and I have no idea how to solve them
(a). Suppose we have a bag with 10 slips of paper in it. Eight of these have a 2 on them and the other two have a 4 on them.
What is the expected value of the number shown when we draw a single slip of paper?
(b). Suppose we have a bag with 10 slips of paper in it. Eight of these have a 2 on them and the other two have a 4 on them.
What is the expected value of the number shown if we add one additional 4 to the bag?
(c). Suppose we have a bag with 10 slips of paper in it. Eight of these have a 2 on them and the other two have a 4 on them.
What is the expected value of the number shown if we add two additional 4's (instead of just one) to the bag?
(d). Suppose we have a bag with 10 slips of paper in it. Eight of these have a 2 on them and the other two have a 4 on them.
How many 4's do we have to add to make the expected value equal to 3?
Please remember to get to these questions! I am in an EMERGENCY situation.
5 answers
If you show some efforts in solving them, there would be likely to be more chances of response.