A discrete random variable x, has the following pmf: 0.05 0.1 0.2 Px(x) = 0.2 0.3 0.1 0.05 Determine its expectation. 1000 2000 3000 for X= 4000 5000 6000 7000

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.4: Expected Value
Problem 1E: If a game gives payoffs of $10 and $100 with probabilities 0.9 and 0.1, respectively, then the...
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A discrete random variable x, has the following pmf:
0.05
0.1
0.2
Px(x) = 0.2
0.3
0.1
0.05
Determine its expectation.
1000
2000
3000
for X= 4000
5000
6000
7000
Transcribed Image Text:A discrete random variable x, has the following pmf: 0.05 0.1 0.2 Px(x) = 0.2 0.3 0.1 0.05 Determine its expectation. 1000 2000 3000 for X= 4000 5000 6000 7000
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