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Determine the probability distribution of w

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Reference no: EM131820202

A box contains five slips of paper, marked $1, $1, $1, $10, and $25. The winner of a contest selects two slips of paper at random and then gets the larger of the dollar amounts on the two slips. Define a random variable w by w = amount awarded. Determine the probability distribution of w. as numbered 1, 2, 3, 4, and 5, so that an outcome of the experiment consists of two of these numbers.)

Reference no: EM131820202

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