The expected value of the discrete distribution, if you have to pay $.50 to pick one package at random, is of -$0.08.
<h3>What is the mean of a discrete distribution?</h3>
The expected value of a discrete distribution is given by the <u>sum of each outcome multiplied by it's respective probability</u>.
For this problem, considering the cost of $0.5, the distribution is given as follows:
- P(X = 0.2) = 12/(12 + 15 + 23) = 12/50 = 0.24.
- P(X = -0.1) = 15/(12 + 15 + 23) = 15/50 = 0.3.
- P(X = -0.2) = 23/(12 + 15 + 23) = 23/50 = 0.46.
Hence the expected value is given by:
E(X) = 0.2 x 0.24 - 0.3 x 0.1 - 0.2 x 0.46 = -$0.08.
More can be learned about the expected value of a discrete distribution at brainly.com/question/13008984
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Answer:
The range is 69
Step-by-step explanation:
We have that the least value of the data set is 20 and the highest value is 89.
From the available information, we can only find the range of the data set.
The range is the highest value minus the least value.
This implies that, the range is 
Answer:
-5
Step-by-step explanation:
Minimum turning point at (1,-5)