Find the expected value for the probability model shown below:
outcome - $8 $0 $10 $90
...
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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