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1) five of ten people earn $0, four earn $100, and one loses $100. what is the expected payoff? what is the variance of the payoff?

1) five of ten people earn $0, four earn $100, and one loses $100. what is the expected payoff? what is the variance of the payoff?
asked 230k views
1 vote
1) five of ten people earn $0, four earn $100, and one loses $100. what is the expected payoff? what is the variance of the payoff?

asked
User J Weezy
by
7.6k points

1 Answer

1 vote
the answer is 4,100...........
answered
User Vijayakumar Udupa
by
8.6k points
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