Question

Outcome 0 1 2 3 Probability 0.25 0.25 0.25 0.25 Which is the expected value of the random variable with the given probability distribution? a. 0 c. 1.5 b. 1 d. 2 Please select the best answer from the choices provided

Answer 1

1.5

Explanation:

.25*0+1*.25+2*.25+3*.25=1.5