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The manager where you work has made a contest to encourage you to learn more about a new company you are working with for business. Every time you get a correct answer to the manager's question, you get to draw a $1, $5, or $10 bill from a bag. There are 10 bills in the bag. 5 are $1 bills, 4 are $5 bills, and 1 is a $10 bill. If you are the first to draw, what is your expected value in rewards? A. $6.00 B. $6.25 C. $5.50 D. $6.50

User Ufk
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2 Answers

6 votes

Answer:$6.00

Explanation:

User Chillybin
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5 votes
The answer to this problem is $6.00
User Carlos Melus
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