The expected value of the winnings from the game is $4
<h3>How to determine the expected value?</h3>
The payout probability distribution is given as:
Payout ($) 2 4 6 8 10
Probability 0.5 0.2 0.15 0.1 0.05
The expected value is then calculated as:
This gives
E(x) = 2 * 0.5 + 4 * 0.2 + 6 * 0.15 + 8 * 0.1 + 10 * 0.05
Evaluate the expression
E(x) = 4
Hence, the expected value of the winnings from the game is $4
Read more about expected values at:
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Answer:
the answer is 25 according to Khan
Step-by-step explanation:
Answer:
yes
Step-by-step explanation:
2 plus 2 is 4
Answer:
Option C: 6x-5y=15
Explanation:
y = -5/6x +8
8 is the <u>y-intercept</u>
-5/6x is the <u>slope</u>
when a slope is in <u>fraction form</u> the numerator is the y direction over the denominator how much the line changes in the x direction
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Exception if the integer is a negative
