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24 March, 12:13

Find the expected value of the random variable with the given probability distribution

Outcome25 |27| 70 | 52 | 6

Probability 0.05|0.06| 0.27| 0.25 0.37

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  1. 24 March, 12:42
    0
    36.99

    Step-by-step explanation:

    Expected value is the sum of each outcome multiplied by its probability.

    X = 25 (0.05) + 27 (0.06) + 70 (0.27) + 52 (0.25) + 6 (0.37)

    X = 36.99
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