Register
Calculate the expected value of the scenario.
190k views
1 vote
Calculate the expected value of the scenario.

Calculate the expected value of the scenario.-example-1
User Rassar
by
7.9k points

1 Answer

3 votes

Expected value:


E(x)=\Sigma(x_i*p(x_i))

For the given scenario:


E(x)=(1*0.25)+(2*0.38)+(3*0.03)+(4*0.16)+(5*0.18)
E(x)=0.25+0.76+0.09+0.64+0.9
E(x)=2.64

Then, the expected value is 2.64

User Rogerstone
by
8.4k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!