avechastain
avechastain avechastain
  • 16-05-2023
  • Mathematics
contestada

Find the expected value of the winnings
from a game that has the following payout
probability distribution:
Payout ($) 2 4 6 8 10
Probability 0.64 0.18 0.12 0.04 0.02
Expected Value = [?]
Round to the nearest hundredth.

Find the expected value of the winnings from a game that has the following payout probability distribution Payout 2 4 6 8 10 Probability 064 018 012 004 002 Exp class=

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