From this table, find the expected value of X. $200 $100 $50 P(X) 0.4 0.3 0.3 O A. $125 B. $116.67 O c. $200 O D. $75

Big Ideas Math A Bridge To Success Algebra 1: Student Edition 2015
1st Edition
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:HOUGHTON MIFFLIN HARCOURT
Chapter11: Data Analysis And Displays
Section: Chapter Questions
Problem 5CT
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This problem on my non-graded study guide has no context to it, and I do not understands what it is supposed to be asking me. I know it has something to do with probability though, as that is the unit.

From this table, find the expected value of X.
$200
$100
$50
P(X)
0.4
0.3
0.3
O A. $125
B. $116.67
O c. $200
O D. $75
Transcribed Image Text:From this table, find the expected value of X. $200 $100 $50 P(X) 0.4 0.3 0.3 O A. $125 B. $116.67 O c. $200 O D. $75
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