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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- If a binomial experiment has probability p success, then the probability of failure is ____________________. The probability of getting exactly r successes in n trials of this experiment is C(_________, _________)p (1p)If a game gives payoffs of $10 and $100 with probabilities 0.9 and 0.1, respectively, then the expected value of this game is E=0.9+0.1= .