Three possibilities have probabilities 0.4,0.4 and 0.2 and values $10,$20,and $30 respectively.The expected value is:
A)$15
B)$16
C)$17
D)$18

Name: Three possibilities have probabilities 0.4,0.4 and 0.2 and values $10,$20,and $30 respectively.The expected value is: A)$15 B)$16 C)$17 D)$18
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Question

​Three possibilities have probabilities 0.4,0.4 and 0.2 and values $10,$20,and $30 respectively.The expected value is:
A)​$15
B)$16
C)$17
D)​$18

Quizplus · Accepted Answer

The Answer of ​Three possibilities have probabilities 0.4,0.4 and 0.2 and values $10,$20,and $30 respectively.The expected value is:
A)​$15
B)$16
C)$17
D)​$18

​Three Possibilities Have Probabilities 0

Three Possibilities Have Probabilities 0