Four possibilities have probabilities 0.4,0.2,0.2 and 0.2 and values $40,$30,$20,and $10 respectively.The expected value is:
A)$22
B)$24
C)$26
D)$28

Name: Four possibilities have probabilities 0.4,0.2,0.2 and 0.2 and values $40,$30,$20,and $10 respectively.The expected value is: A)$22 B)$24 C)$26 D)$28
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Question

​Four possibilities have probabilities 0.4,0.2,0.2 and 0.2 and values $40,$30,$20,and $10 respectively.The expected value is:
A)​$22
B)$24
C)$26
D)​$28

Quizplus · Accepted Answer

The Answer of ​Four possibilities have probabilities 0.4,0.2,0.2 and 0.2 and values $40,$30,$20,and $10 respectively.The expected value is:
A)​$22
B)$24
C)$26
D)​$28

​Four Possibilities Have Probabilities 0

Four Possibilities Have Probabilities 0