Mathematics, 07.03.2020 01:50, kayleefaithblair

Assume that you assign the following subjective probabilities for your final grade in your econometrics course (the standard GPA scale of 4 = A to 0 = F applies):

Grade Probability
A 0.20
B 0.50
C 0.20
D 0.08
F 0.02

The expected value is:

a. 3.5
b. 3.25.
c. 2.78.
e. 3.0

Answers: 2

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Assume that you assign the following subjective probabilities for your final grade in your econometrics course (the standard GPA scale of 4 = A to 0 = F applies): Grade Probability A 0.20 B 0.50 C 0.20 D 0.08 F 0.02 The expected value is: a. 3.5 b. 3.25. c. 2.78. e. 3.0

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Assume that you assign the following subjective probabilities for your final grade in your econometrics course (the standard GPA scale of 4 = A to 0 = F applies):

Grade Probability
A 0.20
B 0.50
C 0.20
D 0.08
F 0.02

The expected value is:

a. 3.5
b. 3.25.
c. 2.78.
e. 3.0