Find the expected value of the winnings
from a game that has the following
payout probability...
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Mathematics, 15.01.2021 01:00 kathleenirwin
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 = 21
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Answers: 3
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