alexisroberts343 alexisroberts343

22-03-2024
Mathematics

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A person randomly selects one of four envelopes. Each envelope contains a check that the person gets to keep. However, before the person can select an envelope, he or she must pay $15 to play. Determine the person's expectation if two of the envelopes contain $5 checks and two of the envelopes contain $30 checks.

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