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
Thanks for the link tysmmmmmm
Is this the entire question?
We need to start from the innermost parenthesis and work our way out.
The first parenthesis is . These are not like terms because one involves a variable, while the other is a constant term. Two terms are summable if they involve the same power(s) of the same variable(s).
So, we can take one step outwards, and we arrive to the square brackets. We have
and 2z and -13z are like terms, so we can sum them:
Finally we arrive to the whole expression, which is
Because, again, 5z and 11z were like terms.