Given the following probability distribution, what is the expected value? Outcome P(Outcome) 9 0.10 11 0.06 4 0.14 15 0.06 18 0.64 Round to 3 decimal places as needed.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Given the following probability distribution, what is the expected value?

Outcome P(Outcome)
9 0.10
11 0.06
4 0.14
15 0.06
18 0.64

Round to 3 decimal places as needed.

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