Probabilities to the sample points

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A box contains 500 envelopes of which 75 contain $100 in cash, 150 contain $25 , and 275 contain $10. An envelope may be purchased for $25. What is the sample space for the different amounts of money? Assign probabilities to the sample points and then find the probability that the first envelope purchased contains less than $100.

Reference no: EM13103696

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