• Card 96 / 180: Consider a random variable that takes values 1, 2, and 3 with probabilities 0.5, 0.3, and 0.2, respectively. Find the expected value.
    A) 1.7
    B) 2.3
    C) 3.5
    D) 4.8

    Answer:
    A) 1.7

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Business Statistics

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Attribution:  David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/
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