Using the expected value, it is found that the mean of the distribution equals $0.1.
- The expected value, which is the mean of the distribution, is given by <u>each outcome multiplied by it's probability</u>.
The probabilities of <u>each outcome</u> are:
- .0000001 probability of earning $1,000,000.
- .9999999 probability of earning $0.
Thus, the mean is given by:

Thus showing that the expected value is $0.1.
A similar problem is given at brainly.com/question/24855677
Answer:
-28 + -1 = -29
-14 + -2 = -16
-7 + -4 = -11
-4 + -7 = -11
-2 + -14 = -16
-1 + -28 = -29
1 + 28 = 29
2 + 14 = 16
4 + 7 = 11
7 + 4 = 11
14 + 2 = 16
28 + 1 = 29
Step-by-step explanation:
Answer:
C.$0.60
hope this help!!!!!!!!!!!!!!!!!!!!!!
Answer:
Step-by-step explanation:
It would add a 0