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4 years ago

Four possibilities are equally likely and have payoffs of $2, $4, $6, and $10. The expected value is:

Business

1 answer:

ki77a [65]4 years ago

6 0

Answer:

Expected value is 5.5

Explanation:

Expected value = sum of X*P(x)

= 1/4*2 + 1/4*4 + 1/4*6 + 1/4*10

= 0.5 + 1.0 + 1.5 + 2 .5

= 5.5

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Answer:

d) pathogens are reduced and illness is prevented.

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3 years ago

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Answer:

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3 years ago

Four percent of the customers of a mortgage company default on their payments. a sample of five customers is selected. what is t

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​Four possibilities are equally likely and have payoffs of $2, $4, $6, and $10. The expected value is:

Four possibilities are equally likely and have payoffs of $2, $4, $6, and $10. The expected value is: