A random variable x can take the
Values 1, 0 and 1 with respective probabilites
0.2, 0.5 and 0.3 The expected value of x is.
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Answer:
Step-by-step explanation:
We are given the following data ;
X P(X) X * P(X)
-1 0.2 -0.2
0 0.5 0
1 0.3 0.3
Expected value of X = \frac{\sum X*P(X)}{\sum P(X)}
∑P(X)
∑X∗P(X)
= (-0.2 + 0.3) ÷ 1 = 0.1
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