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Im not the best at these type of problems please help ;/

Im not the best at these type of problems please help ;/-example-1
User Penanghill
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7.5k points

1 Answer

5 votes

we have that

The expected value (Ev) is equal to

EV=(1)*0.32+(2)*0.38+(3)*0.01+(4)*0.25+(5)*0.04

EV=0.32+0.76+0.03+1.00+0.20

EV=2.31

therefore

The answer is 2.31

User Minhee
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7.2k points