Mathematics, 07.11.2019 08:31 mayamabjishovrvq9

Find the expected value for the probability model shown below:
outcome - $8 $0 $10 $90
probability 0.43 0.31 0.21 0.05

enter your solution as a decimal (do not use the dollar symbol).

probability model for reference ($0=0.62, $6=0.21, $10=? , $100=0.04)

Answers: 3

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Find the expected value for the probability model shown below:
outcome - $8 $0 $10 $90
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Find the expected value for the probability model shown below: outcome - $8 $0 $10 $90 probability 0.43 0.31 0.21 0.05 enter your solution as a decimal (do not use the dollar symbol). probability model for reference ($0=0.62, $6=0.21, $10=? , $100=0.04)

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Another question on Mathematics

Find the expected value for the probability model shown below:
outcome - $8 $0 $10 $90
probability 0.43 0.31 0.21 0.05

enter your solution as a decimal (do not use the dollar symbol).

probability model for reference ($0=0.62, $6=0.21, $10=? , $100=0.04)