jesusofAngels jesusofAngels

12-07-2016
Mathematics

Answered

may someone help me on this

may someone help me on this class=

Verified Answer :

olemakpadu olemakpadu

12-07-2016

Expectation = Sum of (item Probability)

Expectation in this case:

$0*0.70 + $200000.16 + $40000*0.07 + $600000.05 + $80000*0.01 + $1000000.01 = $ 10800

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