Find the expected value of the winnings
from a game that has the following
payout probability...
Mathematics, 31.05.2021 17:50 Nobleufia
Find the expected value of the winnings
from a game that has the following
payout probability distribution:
Payout ($)
2
4
6
8
10
Probability 0.5 0.2 0.15 0.1 0.05
Expected Value = [?]
Round to the nearest hundredth.
Answers: 1
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