Mathematics, 19.04.2020 00:16 dndndndnxmnc

In order to compute the expected value of an event you must know what about each possible outcome?
Select the best answer from the choices provided.
A. its pay out
B. its probability
C. Both of these must be known.
D. Neither of these need to be known

Answers: 2

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In order to compute the expected value of an event you must know what about each possible outcome?

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More questions: Mathematics Another questions

In order to compute the expected value of an event you must know what about each possible outcome?Select the best answer from the choices provided.A. its pay outB. its probabilityC. Both of these must be known.D. Neither of these need to be known

Answers

Another question on Mathematics

In order to compute the expected value of an event you must know what about each possible outcome?
Select the best answer from the choices provided.
A. its pay out
B. its probability
C. Both of these must be known.
D. Neither of these need to be known