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A money envelope contains 90 RM1 bills, 9 RM5 bills and 1 RM50 bill
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A money envelope contains 90 RM1 bills, 9 RM5 bills and 1 RM50 bill. Let the random variable X be the denomination of a bill randomly selected from the envelope.
a) Describe the range of random variable X and find the probabilities for the values of X
b) Find the mean or expected value, E(X).
c) Plot the cumulative distribution function (cdf) of X.
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[Solved] A money envelope contains 90 RM1 bills, 9 RM5 bills and 1 RM50 bill
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- Submitted On 21 Jul, 2020 05:39:25
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- Beam777
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A money envelope contains 90 RM1 bills, 9 RM5 bills and 1 RM50 bill
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