Average value of the draw


A box contains 8 nickels, 18 dimes and 14 pennies. If the coin is picked at random from the box, determine the average value of the draw in dollars?

a) 13.3333

b) 1.0000

c) 0.7800

d) 0.0585

e) 2.3400

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Basic Statistics: Average value of the draw
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