To solve for E you'll add 867 to 108.
E - 867 = 108
E = 108 + 867
E = 975
Hope this helps :)
Answer:
13.75
Step-by-step explanation:
The expected value of the hourly wage is the sum of the probabilities (percentage of time spent on each job) multiplied by the payoff (money earned) from each possible occurrence (job):
(0.6 × 11) + (0.25 × 19) + (0.15 × 16) = $13.75.
The answer will be 6 x 5 x 4 / 3 x 2 x 1, 5 x 4 = 20. Hope this helps
