...drawn randomly with replacement (? An urn contains 100 chips, 97 of which are white and the rest red. Chips are drawn randomly with replacement (so that the probability of a red chip is the same on each draw). What is the expected value of the number of white chips drawn before the fourth red chip is drawn?
An urn contains 100 chips, 97 of which are white and the rest red. Chips are...
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