In Exercises 19–22, find the expected value of the probability experiment with outcomes X 1 , X 2 , … 21. X 1 = $ 1 , X 2 = $ 2 , X 3 = $ 3 ; P ( X 1 ) = 2 7 , P ( X 2 ) = 1 7 , P ( X 3 ) = 4 7
In Exercises 19–22, find the expected value of the probability experiment with outcomes X 1 , X 2 , … 21. X 1 = $ 1 , X 2 = $ 2 , X 3 = $ 3 ; P ( X 1 ) = 2 7 , P ( X 2 ) = 1 7 , P ( X 3 ) = 4 7
Solution Summary: The author explains the expected value of the probability experiment with outcomes 2.29.
Female
Male
Totals
Less than High School
Diploma
0.077
0.110
0.187
High School Diploma
0.154
0.201
0.355
Some College/University
0.141
0.129
0.270
College/University Graduate
0.092
0.096
0.188
Totals
0.464
0.536
1.000
Female
Male
Totals
Less than High School
Diploma
0.077
0.110
0.187
High School Diploma
0.154
0.201
0.355
Some College/University
0.141
0.129
0.270
College/University Graduate
0.092
0.096
0.188
Totals
0.464
0.536
1.000
Female
Male
Totals
Less than High School
Diploma
0.077
0.110
0.187
High School Diploma
0.154
0.201
0.355
Some College/University
0.141
0.129
0.270
College/University Graduate
0.092
0.096
0.188
Totals
0.464
0.536
1.000
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Discrete Distributions: Binomial, Poisson and Hypergeometric | Statistics for Data Science; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=lHhyy4JMigg;License: Standard Youtube License