subject
Mathematics, 09.06.2021 08:00 PopRoxs20

Find the expected value of the winnings from a game that has the following
payout probability distribution:
Payout ($) 0
1
2
5
10
Probability 0.12 0.2 0.38 0.2 0.1
Expected Value = [?]
Round to the nearest hundredth.


Find the expected value of the winnings

from a game that has the following
payout probability dis

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 22.06.2019 00:30
Taber invested money in an account where interest is compounded every year.he made no withdrawals or deposits. the function a(t)=525(1+0.05)^t represent the amount of money in the account after t years. how much money did taber origanally invested?
Answers: 1
question
Mathematics, 22.06.2019 02:00
Sammie has 3 times as many goldfish as nora. nora has 4 goldfish. how many goldfish do sammie and nora have in all?
Answers: 2
question
Mathematics, 22.06.2019 03:30
Atown recently dismissed 5 employees in order to meet their new budget reductions. the town had 5 employees over 50 years of age and 19 under 50. if the dismissed employees were selected at random, what is the probability that exactly 2 employees were over 50? express your answer as a fraction or a decimal number rounded to four decimal places.
Answers: 1
question
Mathematics, 22.06.2019 04:00
What is the quotient of 3x^4+22x^3+37x^2-7x+10
Answers: 1
You know the right answer?
Find the expected value of the winnings from a game that has the following
payout probability...
Questions
question
Mathematics, 03.12.2021 21:10
question
History, 03.12.2021 21:10
Questions on the website: 13722363