Mathematics, 19.05.2021 16:20, kenna1323

Find the expected value of the winnings from a game that has the following
payout probability distribution:
Payout ($)| 0
1
2
5
10
Probability 0.12 0.2 0.38 0.2 0.1
Expected Value = [?]
Round to the nearest hundredth.

Find the expected value of the winnings

from a game that has the following
payout probability dis

Answers: 1

Show answers

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Find the expected value of the winnings from a game that has the following
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Find the expected value of the winnings from a game that has the following payout probability distribution: Payout ($)| 0 1 2 5 10 Probability 0.12 0.2 0.38 0.2 0.1 Expected Value = [?] Round to the nearest hundredth.

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Questions in other subjects:

Find the expected value of the winnings from a game that has the following
payout probability distribution:
Payout ($)| 0
1
2
5
10
Probability 0.12 0.2 0.38 0.2 0.1
Expected Value = [?]
Round to the nearest hundredth.