Outcome 0 1 2 3 Probability 0.25 0.25 0.25 0.25 Which is the expected value of the random variable with the given probability distribution? a. 0 c. 1.5 b. 1 d. 2 Please select the best answer from the choices provided A B C D

answer: expected value of x = 1.0

step-by-step explanation:

p(x=0) = 0.25

p(x=1) = 0.50

p(x=2) = 0.25

expected value for x = 0×0.25 + 1×0.5 + 2×0.25 = 1.0

correct answers below:

the homeowners insurance cost for a 115,000 wood frame house is 80,500.

step-by-step explanation:

it is given that the coverage rate for wood frame house is 0.7.

the value of wood frame house is 115,000.

.

homeowners insurance cost for a 115,000 wood frame house is

therefore the homeowners insurance cost for a 115,000 wood frame house is 80,500.

step-by-step explanation: