Find the expected value of the winnings from a game that has the following
payout probability distribution:
Payout ($) 0 5
8
10
15
Probability 0.5 0.2 0.15 0.1 0.05
Expected Value = [?]

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Ответ:

maskythegamer

23.02.2020

Mathematics

answer:

2 units.

step-by-step explanation:

xy will have equal length to ef.

ef = 2 - 0 = 2 units.

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Find the expected value of the winnings from a game that has the following payout probability distribution: Payout ($) 0 5 8 10 15 Probability 0.5 0.2 0.15 0.1 0.05 Expected Value = [?]