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Two chips are chosen at random from a box containing 8 blue

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Reference no: EM13645392

Two chips are chosen at random from a box containing 8 blue, 4 green, and 2 orange chips. We win $2 for each green chip Selected and we lose $1 for each blue chip selected. Let X donate our winnings.

a) What are the possible values of X?

b) What is the pmf of X?

c) Find E[X] and Var(X).

Reference no: EM13645392

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