Consider a random variable that takes David Bourgeois @The Saylor

Question 99 / 187: 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

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https://www.jobilize.com/business-statistics-by-david-bourgeois-bharatendra-rai

Business Statistics

Author:

David BourgeoisLecturer

The Saylor Academy

USA

Access: Public Instant Grading

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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