Find the expected value of the winnings
from a game that has the following
payout probability...
Mathematics, 09.06.2021 08:00 PopRoxs20
Find the expected value of the winnings
from a game that has the following
payout probability distribution:
Payout ($) 0
1
2
5
10
Probability 0.12 0.2 0.38 0.2 0.1
Expected Value = [?]
Round to the nearest hundredth.
Answers: 1
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