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May someone help me on this
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Mar 3, 2017
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May someone help me on this
Mathematics
high-school
Cosyn
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1
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Expectation = Sum of (item * Probability)
Expectation in this case:
$0*0.70 + $20000*0.16 + $40000*0.07 + $60000*0.05 + $80000*0.01 + $100000*0.01 = $ 10800
Alberto Alvarez
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Mar 8, 2017
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Alberto Alvarez
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