Obtain the expected value of a random variable with four values 1,2,3,4 with probabilities P(1)= 1/4 ; P(2)=1/4 ; P(3)=1/8 ; P(4)=3/8

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
Section12.4: Discrete Random Variables; Applications To Decision Making
Problem 14E
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Obtain the expected value of a random variable with four values 1,2,3,4 with probabilities P(1)= 1/4 ; P(2)=1/4 ; P(3)=1/8 ; P(4)=3/8

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