Find the expected value of the winnings
from a game that has the following
payout probability...
Mathematics, 24.05.2021 22:40 kimmosley80
Find the expected value of the winnings
from a game that has the following
payout probability distribution:
Payout ($)| 0
4
6
8
10
Probability 0.45 0.3 0.1
0.1 0.05
Expected Value = [?]
Round to the nearest hundredth.
Answers: 3
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