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Given the possibilities and payout values in this table, what is the expected value of Zhi's ticket

Given the possibilities and payout values in this table, what is the expected value of Zhi's ticket
asked 222k views
11 votes
Given the possibilities and payout values in this table, what is the expected value of Zhi's ticket

asked
User Christophe Roussy
by
8.0k points

1 Answer

4 votes

Σ xp(x)

Explanation:

expected value = E(X) = u = Σ xp(x)

answered
User Riquelmy Melara
by
8.0k points
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