expected expenditure

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hs
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expected expenditure

hs
Q: Envelopes are on sale for Rs 30 each. Each envelope contains exaclty one coupon, which can be one of the four type with equal probability. suppose you buying envelopes and stop when you collect all the four types of coupons. What will be your expected expenditure?
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Re: expected expenditure

Gayyam
Here is Amit sir's solution.

hs
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Re: expected expenditure

hs
a guy taking goel sir classes asked me this lol
may b he was mocking me
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Re: expected expenditure

Gayyam
Haha! Irony!
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Re: expected expenditure

SoniaKapoor
What a question!
MA Economics
DSE
2014-16