Let X be a random variable with range {20,30,50} and probability distribution P(X=20) = 0.25,P(X=30) = 0.25, and P(X=50) = 0.5. What is the expected value of X?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 22E
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Let X be a random variable with range {20,30,50} and probability distribution P(X=20) = 0.25,P(X=30) = 0.25, and P(X=50) = 0.5. What is the expected value of X?

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