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Category > Statistics Posted 15 Jun 2017 My Price 5.00

Five people have just won a $100 prize, and are deciding how to divide the $100 up between them.

Five people have just won a $100 prize, and are deciding how to divide the $100 up between them. Assume that whole dollars are used, not cents. Also, for example, giving $50 to the first person and $10 to the second is di↵erent from vice versa.

 

(a) How many ways are there to divide up the $100, such that each gets at least $10?

(b) Assume that the $100 is randomly divided up, with all of the possible allocations counted in (a) equally likely. Find the expected amount of money that the first person receives.

 

Answers

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Status NEW Posted 15 Jun 2017 08:06 AM My Price 5.00

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file 1497516263-Answer.docx preview (298 words )
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