Mathematics, 24.02.2021 03:30 caguil00

The prices of three sneaker styles are $48, $56, and $72. The probability of choosing the $48 sneaker style is 1/2 . The probability of choosing the $56 sneaker style is 1/8 . The probability of choosing the $72 sneaker style is 3/8 . What is the expected value of of a pair of sneakers?

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The prices of three sneaker styles are $48, $56, and $72. The probability of choosing the $48 sneake...