Mathematics, 30.06.2021 08:40 annikafischer

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

PH Find the expected value of the winnings from a game that has the following payout probability di

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

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Another question on Mathematics

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