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Find the expected value of the winnings
from a game that has the following
payout probability distribution:
Payout($) 2 46 8 10
Probability 0.5 0.2 0.15 0.1 0.05
Expected Value = [?]

Find the expected value of the winnings from a game that has the following payout probability distribution Payout 2 46 8 10 Probability 05 02 015 01 005 Expecte class=

Respuesta :

LammettHash

The expected payout is

2 × 0.5 + 4 × 0.2 + 6 × 0.15 + 8 × 0.1 + 10 × 0.05

= 1 + 0.8 + 0.9 + 0.8 + 0.5

= 4

deerslayer69

Answer:4

Step-by-step explanation:

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