Two balls are chosen randomly from an urn containing 8 green, 4 black, and 2 orange balls. Suppose that we win $2 for each black ball selected, we lose $1 for each green ball selected, and we earn nothing for each orange ball selected. Let \(X\) denote our winnings.
Make a table with the possible values of \(X\) and the probabilities of each value.
Sketch the pmf of \(X\).
Sketch the cdf of \(X\).
Compute the expected value of \(X\).