Find the expected value of the winnings
from a game that has the following
payout probability...
Mathematics, 19.05.2021 23:40 NarutoBeast8049
Find the expected value of the winnings
from a game that has the following
payout probability distribution:
Payout ($)0 2 4 8 10
Probability 0.45 0.3 0.1 0.1 0.05
Expected Value = [?]
Round to the nearest hundredth.
Answers: 2
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