jesusofAngels
jesusofAngels
12-07-2016
Mathematics
contestada
may someone help me on this
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olemakpadu
olemakpadu
12-07-2016
Expectation = Sum of (item * Probability)
Expectation in this case:
$0*0.70 + $20000*0.16 + $40000*0.07 + $60000*0.05 + $80000*0.01 + $100000*0.01 = $ 10800
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