leitchjames2 leitchjames2

13-12-2022
Mathematics

Answered

Find the expected value of the winnings
from a game that has the following
payout probability distribution:
Payout ($)
6
8
10
Probability 0.5 0.2 0.15 0.1 0.05
Expected Value = [ ? ]
Round to the nearest hundredth.
Enter

Answer :

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