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Expected Value


 

 

 

Given the following table, calculate the expected value of x.

 

X

P(x=X)

1

0.3

2

0.1

3

0.2

4

0.4

 

 

X

P(x=X)

X*P(x=X)

1

0.3

0.03

2

0.1

0.02

3

0.2

0.06

4

0.4

1.6

   

2.70

 

 





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