Textbook ExpertVerified Tutor
29 Nov 2021
Given information
X |
P(X) | X.P(X) |
0 | 0.10 | |
1 | 0.20 | |
2 | 0.30 | |
3 | ||
4 | 0.10 | |
5 | 0.05 | |
6 (or more) | 0.05 |
Step-by-step explanation
Step 1.
Expected value is a expected arithmetic average when an experiment is repeated many times; also called the mean. Notations: μ. For a discrete random variable (RV) with probability distribution function .
i.e.
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