Originally Posted by
shawli first part:
A box contains 7 black cubes and 3 red cubes. Debra selects three cubes from the box without replacement. Let random variable N denote the number of red cubes selected by Debra.
second part:
Debra will win $2.00 for every red cube selected and lose $1.00 for every black cube selected. Let the random variable W denote Debra's winnings.
If W=aN+b, find a and b. Hence, find E(W)
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I'm okay with the first part ...but I'm not sure how to approach the second part.
Help please!