Problem 1P

Two balls are chosen randomly from an urn containing 8 white, 4 black, and 2 orange balls. Suppose that we win $2 for each black ball selected and wc lose $1 for each white ball selected. Let A denote our winnings. What are the possible values of X, and what are the probabilities associated with each value?

Solution:

Step 1 of 2:

Two balls are selected randomly from an urn contains 8 white, 4 black, and 2 orange balls.

We win $2 for each black ball selected and we lose $1 for each white ball selected.

We have find the possible values of X and their corresponding probabilities.