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Suppose 7 quarters, 4 dimes, 4 nickels, and 3 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box?

Suppose 7 quarters, 4 dimes, 4 nickels, and 3 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box?
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4 votes
Suppose 7 quarters, 4 dimes, 4 nickels, and 3 pennies are in a box. One coin is selected at random. What is the expected value of the money drawn from the box?

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User Memius
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8.9k points

1 Answer

5 votes

Since the quarters have a highest percentage. You would likely draw 25 cents from the box

answered
User Roddie
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8.7k points
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