1. Consider a lottery with three possible outcomes:-$125 will be received with probability 0.2-$100 will be received with probability 0.3-$50 will be received with probability 0.5a. What is the expected value of the lottery

The expected value of the lottery is $80

Step-by-step explanation:

To get the expected value, we have to multiply each outcome by its probability

Then we proceed to add up all of these to get the expected value of the lottery

we have this as ;;

125(0.2) + 100(0.3) + 50(0.5)

= 25 + 30 + 25 = $80

i can not answer the question due to the fact that you spelled "carton" as "cartoon", a cartoon is something you watch on tv, a carton is a box that holds things. and also you've been waiting for this question for a while so why don't you get off your lazy a** and try to figure it out for yourself for once!

step-by-step explanation:

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look above, and leave your comments down below, and don't for get a five stars and a and brainliest xd

sorry for the stars in the middle of words its because it wouldn't let me submit. xd

answer: your answer is c

step-by-step explanation: