The following is a real estate commission on the selling price of a house. 5% for the first $100,000, and
2% for the amount which exceeds $100,000
A realtor receives $5340.00 for selling a house. What was the selling price?

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0

step-by-step explanation:

$15 each

step-by-step explanation:

$45/3 children= $15 each