X is a discrete random variable. The graph below defines a probability distribution for X. What is the expected value of X?

1.1

Step-by-step explanation:

Expected value is the weighted average of the various possibilities and their probability of occurring.

The probabilities represented are:

0.35, 0.35, 0.15 and 0.15.

They add up to:

= 0.35 +0.35 + 0.15 + 0.15

= 1

The possibilities are; 0, 1, 2 and 3.

Expected value = (0.35 * 0) + (0.35 * 1) + (0.15 *2) + ( 0.15 * 3)

= 1.1

$25

step-by-step explanation:

25 - 4.50 = 20.5

20.5 / 2 = 10.25

10.25 + 10 = 20.25

20.25 - 12.50 = 7.75

therefore the answer is $25 as shown as the first number.

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